Loading ...Yeah, going to be a tough day unless the Producer Price Index has some impact.
Oil is down 6% so pretty much all the commodities are following its’ lead.
Yield curve is in the process of inverting as 7 yr. now yielding more than the 10 yr.- can’t imagine it will be much longer before the 2’s and 5’s do the same thing – which mean 100% chance of recession, but we here all know it will be worse than a vanilla recession.