This is completely out of control.
Ok, well there were some notable headlines to start the week…
Well, an eventful week ended on a sour note, which is a shame for the bulls because Thursday was a barnburner.
The setup was terrible, with falling commodities, a downbeat Asian session, and junk jitters weighing on sentiment.
Not what I would call an “upbeat” session.
What happens over the weekend no longer remains confined to the weekend.
Nobody strike a match.
Tension is running high on Monday…
And that, folks, is the week.
“…or what counts as ‘fireworks.'”
“Traders like to blame all the world’s ills on central bank behavior and then scream when markets act like markets. Or their machines act like robots.”
And now, back to your regularly scheduled programming…
This of course stems directly from Erdogan’s ongoing efforts to bring arch nemesis Fethullah Gulen to “justice.” Pretty much anything that goes wrong for Erdogan gets blamed one of two things: 1) a Kurdish conspiracy, 2) a Gulen-linked conspiracy. This latest spat with Washington is no exception.
Best of luck in Q4 and here’s hoping there’s a Q1 2018.
What could go wrong?