Ya we could be setting up for a little break with the GSR essentially at 80 and many other key measures stretched.
We want strong monthly closes anyway so a break into mid-month works for me.
The Employment Report routine is coming up anyway, so this is to be expected.
Today is unexpected and I’m happy to see it.
The price managers double speak narrative is breaking down with all the weak stats coming out having low rates already.
Cheers