Loading ...but the Fed is going to buckle and cut rates in June, probably surprising everyone but JPM, Goldman and Blackrock. They need lower rates and a weaker dollar. So does the Zimbabwe stock market. The dollar is drifting lower and sure enough the algo’s were triggered to buy the SM futures.
Actually helping us too, as it should be.
I’m waiting for the shoe to drop here this am, it seems a little too controlled and quiet. PM’s almost look like a normal market. A couple months ago they would sell the open. No idea what they’ll do today.