GDP 4.9% highest since 2020? and Durable Goods up 4.2%
The reaction is odd to me. Yes, the usual hit on pm’s that normal, but rates came down? The dollar stayed pretty mush where it was, up a little.
I guess I’d think that rates would soar, and the dollar explode higher?
But of course, the main thing is that the SM came all the way back, and even Bitcoin is coming back a bit.
For us, it appears that the nightmare will continue.
NEM is up nicely to start the day though. They shook the tree hard yesterday.