HEI: Limit-up/limit-down rolls on, as Germany teases ‘unlimited’ economic support

Up and Down arrow a footbridge

THE HEISENBERG writes:

S&P futures hit the limit-up band on Friday morning, presaging another wild day on Wall Street, befitting of the kind of week it’s been. It was the second time this week futures traded limit-up. Of course, they’ve been limit-down a couple of times, too.

The surge came amid fresh headlines out of Germany around the possibility of fiscal stimulus from Berlin, but really, endeavoring to ascribe causation to what’s going on at any given minute is asinine under the circumstances.

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