Half A Brain
OPINION: When Donald Trump returned to the White House, many people with half a brain could see the results for the world might be a bit average, and our boy has been busy trying to prove them right.
The Hound offers no opinion on whether or not this should have happened, but merely observes that, despite it raining lefty tears of sorrow, the sky did not in fact fall because a South American dictator was deposed without ceremony.
Grain markets rose, Asian equities surged, the Dow Jones, S&P 500 and Nasdaq were all up.
While there was some brief "haven-related hedging activity" boosting gold, overall risk appetite reportedly remains intact.
Perhaps not surprisingly, oil company stocks were among the upside leaders.
