Loading ...Something spooked the SM indeed. I haven’t seen any news related item that would cause the SM here to crater. Europe is down a little but not as much as we are here in the US.
Doesn’t appear pm’s have broken free from the SM just yet, although they took gold below $2900 and now it’s snapping back. Dollar is weak again. Rates flat.
Keep seeing headlines about the German Bund market but haven’t followed up.
The jobs report here tomorrow is going to be ugly and probably negative. The Challenger job-cut report was way worse than expected, 172K vs. 49.75K
Trump said the other night we’re going to have a little pain before we turn the corner. I believe him.