Morning peeps,
Markets are up, another green day.
Gold and Oil down.
US personal spending up 0.7% MoM
Pending home sales up 6.1%
US Core PCE 0% MoM
US GDP -0.3%
Most of this if not all is Biden as it takes maybe up to 6 mths for a new Admin policies to impact, maybe only 3 mths in Trump's case with the Tariff's so one can start blaming Trump for the next 3 mth GDP number rather than this one.
Todays common sense tip - Put Labor and Greens last!
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Ron Miller, Non-Executive Director
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