US markets

The US markets are actually pure and simply kak at the moment.

Lot of confoculating (Howdy Page 88) around the 8700 and 940 levels on the Dow and S&P. It doesn't matter what data comes out the thing just hangs around at these levels.

Out of the mainstream equity markets but taken a small position long on the US 10 year Treasury. Other than that I am out of the market till this thing works itself out