Durable goods missed, GDP inline but personal consumption missed. The big number comes out at 10 am EST and that’s PCE’s a Fed favorite.
I don’t care much for this action and suspect if they’re going to get us it will be when the PCE’s come out at 10.
Regardless, they have the parking brake set on the metals. If they take us down today, it will be ugly on the short session Friday. How many times have we seen them do that in the past? Innumerable.