Futures house spreads analysis shows narrowing between front-month and three-month futures in commodities, frequently a precursor to a bullish risk-on phase in equities. In about 1972, I bought a Rachman house in Notting Hill for about £24,000. Rachman was a sort of evil landlord who rented out rooms, dividing them with curtains and made a lot of money from letting people live in semi-squalor. It was in a very bad condition with floating sewage at the bottom – but the house was beautiful. It had a basement and three floors. Gold futures fell from an all-time closing high of $3,491.30 on the White House statement. The precious metal was last trading at $3,463.30. According to Futures house tracking data, Nasdaq 100 futures rose 0.5%, led by tech strength and semiconductor momentum. The market seems to be betting on sustained corporate earnings growth into Q