Thursday, March 23, 2023

Friday Watch

Evening Headlines

Bloomberg:        

Wall Street Journal: 
Fox News:
Zero Hedge:
 Newsmax:     
TheGatewayPundit.com:
SKirsch.com:
Night Trading 
  • Asian equity indices are -.75% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 143.5 +3.75 basis points. 
  • China Sovereign CDS 83.75 +4.0 basis points. 
  • China Iron Ore Spot 117.9 USD/Metric Tonne -.3%.
  • Bloomberg Emerging Markets Currency Index 47.67 -.05%.
  • Bloomberg Global Risk-On/Risk Off Index  46.9 +.6%. 
  • Bloomberg US Financial Conditions Index -.83 -12.0 basis points.
  • Volatility Index(VIX) futures 24.0 -.7%.
  • Euro Stoxx 50 futures -.70%.
  • S&P 500 futures +.05%.
  • NASDAQ 100 futures +.01%.  
Morning Preview Links

BOTTOM LINE: Asian indices are modestly lower, weighed down by financial and commodity shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 25% net long heading into the day.

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