Loading ...on its way down, which is surprising because rates have come back in and are now down a bip.
GDP beat a little -.02% vs. .02% estimates – still recessionary now for the second straight quarter.
Personal Consumption Expenditures were the surprise, 1.2% vs. 1.8% estimates, I think that might indicate inflation slowing.
Weekly jobs missed as well 240K vs. 230K estimates. More recession indications although a lot of those are probably wasteful government jobs.
The Fed has zero excuses not to start cutting and cutting hard, despite their hatred for Trump
They’re after silver as usual, defending $33.50. It’s like pulling teeth. Just when you think you have a chance – bam, they get ya.
Usual selling at the open. We should do better in an hour or so.