Loading ...Was hoping to see some follow thru this am but it doesn’t look like we’ll get it.
The dollar is flat with rates up 2 bips. Oil is a winner up 1%, back above $63. Bitcoin down .62%
Gold down $8 and silver $.14. Shares a little weaker too. Nothing too scary.
We do have some eco data that will probably matter. We have the flash PMI’s and Housing sales. Throw in the Philly Fed numbers and there’s a trifecta of news. PMI’s probably the most important.
It’s back to Jackson Hole. I’m not sure I remember a time when pm’s performed well in this two-day period, but ya never know, we’re in a different market now. Powell speaks tomorrow.