Not sure why with the SM down, just oversold I guess.
Course, we’re getting robbed in the metals considering rates are down hard and the dollar is down with them.
Has to be the Fed in there buying, who else would?
ZH has a good article on the phony jobs reports. Every month in 2023 has had downward revisions. All those numbers do is fit whatever narrative they need. Absolutely no basis in reality. This economy is crashing. JMHO