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US Senator Romney confirms ‘framework’ agreement on infrastructure reached

Romney emerged from the meeting with Democrats and White House representatives:

  • “Republicans and Democrats have come together along with the White House — We’ve agreed on the framework and we’re going to be heading to the White House tomorrow.”
The White House has issued a similar statement:
  • progress made on an outline of a potential agreement
  • Biden has invited the group to the White House Thursday
On this:
  • progress made on an outline of a potential agreement

It probably couldn’t get much vaguer. Still, sounds like at least some progress.

Crypto is ‘rat poison’ (but there’s a but …)

Reuters report on a survey conducted at JPMorgan’s Macro, Quantitative and Derivatives conference

  • attendees from around 1,500 institutions
  • 10% of institutional investment firms in the survey trade cryptocurrencies
  • nearly 50% said crypto is either “rat poison” or forecast that it is just a transitory fad
On the other hand, 40% said they were personally trading crypto!
They secretly love it!

BTC update:

Reuters report on a survey conducted at JPMorgan's Macro, Quantitative and Derivatives conference

NASDAQ closes at a new record but off the highs levels

S&P and Dow industrial average close lower

The NASDAQ index closed at a another record high for the second consecutive day. The new intraday high reached 14317.66. The price is closing while off that high price at 14271.73.

  • NASDAQ post record close
  • NASDAQ closes at record for the second consecutive day
  • S&P index stalled just ahead of its all-time high at 4257.11. The high reach for 4256.60
  • Dow lagged
A look at the final numbers shows
  • S&P index fell -4.57 points or -0.11% at 4241.86
  • NASDAQ index rose 18.46 points or 0.13% at 14271.73
  • Dow industrial average fell 71.4 points or -0.21% at 33874.18
  • Russell 2000 rose 7.52 points or 0.33% at 2303.47
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