Markets Overview
- ASX SPI 200 futures down 0.3% to 7,437.00
- Dow Average down 1.2% to 34,308.08
- Aussie down 0.5% to 0.7419 per US$
- U.S. 10-year yield rose 7.2bps to 2.7744%
- Australia 3-year bond yield fell 2bps to 2.52%
- Australia 10-year bond yield rose 5bps to 3.01%
- Gold spot up 0.3% to $1,954.29
- Brent futures down 3.5% to $99.22/bbl
Economic Events
- 9am: (AU) March CBA Household Spending MoM, prior 1.8%
- 9am: (AU) March CBA Household Spending YoY, prior 5.5%
- 9:30am: (AU) April ANZ Roy Morgan Weekly Consumer, prior 93.4
- 11am: (AU) Australia to Sell A$100 Million 1.25% 2040 Bonds
- 11:30am: (AU) March NAB Business Conditions, prior 9
- 11:30am: (AU) March NAB Business Confidence, prior 13
Stocks and bonds retreated Monday as investors focused on inflation and the impact of policy tightening by central banks.
All major groups in the S&P 500 fell, while the tech-heavy Nasdaq 100 lost more than 2%. Ten-year Treasury yields climbed through 2.75% for the first time since March 2019 after the Federal Reserve last week signaled sharp rate hikes and balance-sheet reduction to curb price pressures. Oil sank as China’s largest coronavirus outbreak in two years heightens concerns about demand.
Other News
US intelligence officials have evidence that UFO sightings can lead to adverse health effects like radiation burns, paralysis and even brain damage, according to a newly released report from a shadowy Pentagon program that closed in 2012.
The study classifies different types of encounters with unidentified objects, including ones accompanied by sightings of ghosts, yetis or spirits and others that result in injury, death and even ‘permanent healing.’
It also includes a summary of UFO-induced effects that was compiled by a private nonprofit in 1996, ranging from the most common one – abduction – to paralysis, eye injuries, electrical shocks and even sexual encounters.
The 2010 report compiled 42 cases of adverse effects from medical files and 300 from ‘unpublished’ cases.
The document is part of 1,500 pages from the now-defunct Advanced Aviation Threat Identification Program (AATIP) that were released to The Sun by the Defense Intelligence Agency.
‘Sufficient incidents/accidents have been accurately reported, and medical data acquired, as to support a hypothesis that some advanced systems are already deployed, and opaque to full US understandings,’ the report reads.
The report was released to The Sun as part of a Freedom of Information Act request from 2017. It was written for the secretive AATIP program, the existence of which was revealed by whistleblower and former head of the program Luis Elizondo that same year.
The study is titled ‘Anomalous Acute And Subacute Field Effects on Human and Biological Tissues.’ It is dated March 11, 2010.
‘Classified information exists that is highly pertinent to the subject of this study and only a small part of the classified literature has been released,’ the document states.
Attached to the report is a list of physiological effects experienced by those who have come in contact with UFOs or UAPs, Unidentified Aerial Phenomena.
The list was compiled in 1996 by the Mutual UFO Network and covers the time period from 1873 to 1994.
Among the effects are: apparent abductions (129 reported cases), electromagnetic effects on vehicles (77), perceived time loss (75), burns (41), electrical shocks (23), force field impacts (18), and sexual encounters (5).
Elizondo, who headed up the $22 million Pentagon program studying UFOs, told GQ magazine about some of these effects in an interview in November.
Close encounters, or CEs, are divided between CE1s, in which a UFO comes within 500 feet of a witness, CE2, in which a close encounter leaves landing traces or injuries to the witness, and CE4s, in which the witness is abducted.
CE5s are close encounters resulting in permanent psychological injury or death.
(Daily Mail)