Market overview, Fed chief on interest rates, Tesla, relevant in stock markets
- The US stock market remains under pressure from sagging liquidity due to tax payments. When the Treasury begins to return liquidity with budget payments, then the bullish trend will return - in a week or two.
- Stocks are falling by more than a percent, oil is rising by 3%, government bonds are becoming more expensive and gold has set a new record. The fear and greed index is briskly moving towards the fear zone. Bitcoin tests $60 thousand. Risk aversion is gaining strength.
- Fed's Williams: If the data calls for a rate hike, the Fed will raise it. But eventually the rates will be...