Loading ...Give it a few days.
They were ready for the CPI today, which was baked just right to justify higher stocks, bonds, and bitcoin – the status quo trade.
PMs are not a part of this trade obviously, and more, the prop desks are definitely not propping gold, silver, or oil – I can assure you.
Just like the employment report numbers or a Fed meeting.
It doesn’t last however, and a week later the markets find a way to get where they are going.
Give it a week.