Loading ...Pretty much my point exactly. We might find out what’s more important today, keeping the SM from going down or pm’s from going up. We know “no follow thru” is a huge scum rule for pm’s.
We also know for the last several years a big selloff in the SM is usually followed by a nice rally. So, if this is all about a China trade deal, we’ll see just how important it is. Also, if China is really going to sell treasuries, if they wanted to exert max pain wouldn’t they sell them all at once to spike rates?
That’s what I’d do…..