End of the First Quarter

by Jesse

“Greater love has no one than this: to lay down their life for their friends. You are my friends if you do what I command…

And this is my commandment— love one another.”

John 15:13,17

Stocks managed to end the first quarter in very quiet trading with an afternoon rally.  Oh, well done.

Gold, silver, and the US Dollar were largely unchanged.

Bloomberg says that the Treasury Yield curve is the flattest it has been since 2007. You don’t see that every day. lol.

Federal Regulators decided not to challenge a lower court ruling that exempts Collateralized Loan Obligations (CLO) from the ‘skin in the game’ rule of Dodd-Frank.

Like a dog returns to its vomit, here we go again.

Happy Easter.

Have a pleasant weekend.