The Week Starts, And Markets Are Heading Lower

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Photo: Wikimedia Commons

After a strong week of gains last week, markets are in the red to start the week.US futures are down modestly, to the tune of 0.3%.

Europe markets are off about the same degree. Short term yields in Spain and Italy are a tad higher.

Japan ended down ever so slightly after a big whiff on GDP.

Shanghai fell 1.5%.

Unlike last week, there’s going to be a lot of data this week, so we should have a much clearer sense of where things stand in the global economy. Hopefully.

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