Surprised the dollar is still positive on the day.
Trade (im)balance was a huge beat. Expectations were for $99 billion, came in at $86 Billion. Tariffs in action.
Consumer confidence jumped a bit as well. JOLTS showed more jobs available than expected.
Trump is righting the ship. If he can get rates down a couple percent from here this economy will be screaming.
Housing is a weak spot. Prices are falling. He needs to get gas prices to come down more as well.
PM’s and shares hopefully decoupling from the SM.
