Loading ...if we are to have any prayer of a rally starting, we’re going to need a weak GDP report tomorrow. At least -1.5% or so.
Even then, we might get another “everything rally” where we go up, but less than everything else like today.
That might not be enough. Today was nothing more than a weak bounce at best.
Powell said they’d be taking it month by month and are targeting 3% for core CPI – ex food & energy.