http://MikesDailyMarketReport.com: There are no economic data to report today, so Stocks are going off of Geopolitical news today. As such, the coronavirus is having a much stronger impact on the global economy, as Investors are panicking. The DOW is Down between 800-900 points and the NASDAQ is Down over 300 so far this morning. The Yield Curve has become more Inverted and creating more worries over a looming Recession. MBS is Up 16bps and fighting to get above it's Ceiling of Resistance; and the Yields have fallen to 1.36% and sitting currently at a lower floor of support.
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