Loading ...Totally agree, no doubt a forced bounce but the bond market doesn’t buy it.
Did you sell your GUSH yet or are you looking for a little bigger bounce? You might get it as oil is pretty strong – a move to $4 before the split?
Santelli was just on CNBS discussing Dudley and his “implying” that the Fed should use monetary policy to remove Trump, i.e. cause a recession. These guys are all so corrupt it makes me want to puke. The problem for Dudley/Powell is that the Bond market has now taken control of Fed policy.
Good to see some of the large cap pm shares follow the SM higher – i.e. NEM, GOLD