Loading ...We’re up a little but the SM looks to give up some ground today after META earnings disappointed. It seemed the SM was a little shaky yesterday as well, it feels like the path of least resistance is down for now.
The question for us is always whether the pm sector can withstand a sliding SM. So far, so good, as far as April goes, but we’ll have to see if that continues when the SM finally falls apart in earnest. If it ever does.
Dollar a little weaker, rates flat, Bitcoin down 1/2%, still $60K+ overvalued. 🙂
The day when pm’s start to suck up a little of that stock and bond market cash will be glorious. 🙂
There’s some eco data that could be a potential landmine, GDP jumps out at me.