Happy weekend traders, it looks like Aussie majors were progressive but relatively sober this week while we mixed half empty cocktail glasses and smoked butts on post-FOMC kinetic energy and earnings alchemy. The president wants momentum and Wall Street seems keen to cooperate. Healthy retirement funds and market driven consumer confidence help to repel 2020 candidates who vow to target big pharma, insurance and banks. Still, the Democrats did make some progress in some state elections they deem portentous.
Yeah @peejayhercules, he is one of the hawks that are fighting this phase one deal stuff today. This headline is still on the front page of WSJs electronic version following earlier SCMP index fuel and as you know by now is why indices pulled back and gold pared some losses intraday but finished well below that retracement level. And here is the latest political intrigue as NYT covers the anonymous tell-all and talk of mass resignations by white house staffers. It's kind of conceivable.
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[MEDIA] Happy weekend traders, it looks like Aussie majors were...
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