Too much (imo) conflicting data out in the last 30 mins … 7 different reports … my head nearly exploded.
Two manufacturing gauges were surprisingly strong and first time jobless a small drop indicating a strong/strengthening economy and a still strong jobs market.
Retail sales were down more than expected in Jan and import prices jumped higher than expected, likely pointing to still sticky inflation in coming months.
Went with lead from futures but won’t be surprised if markets swing negative during the session as these reports are digested.
Well done last night to zero, B52, M50, pb1 and jm69.
Dex
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- Thursday 15th February - Zero Reaches The Top
Too much (imo) conflicting data out in the last 30 mins … 7...
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