Casino's are puking...BS claims numbers released by the corrupt lying-ass government, GDP also likely still cooked but still a big miss, 2YrT breaks 5%...
There are still layoffs happening!
https://www.zerohedge.com/markets/initial-continuing-jobless-claims-continue-ignore-realityAnd the dipsh*t Fed has boxed themselves in hard...they've always been politically oriented to tack a growth economy and a liquid money supply and capital market...now, in a year where they desperately want to lower rates (good for incumbents and good for growth) if they do they exacerbate inflation for little gain and the lower & middle class gets kicked in the crotch for it...and they'll kill themselves before raising rates...I think they've paralyzed themselves into doing nothing...
Now all we get to see is if they can keep their mouth shut or say very little or start yapping and saying contradictory crap that makes all the markets totally schizoid?
Place your bets!