INflation rising fastest in 15 years both CPI and PPI coming in HOT well above "expectations. And on that news GOLD falls??
The DOLLAR rises! could be players figure FED will keep raising rates, watch 10 yr yields closely for reaction to HOT INFLATION NUMBER.
The rally should show its hand very soon as to whether it is to relieve oversold condition or is beginning of something longer lasting.
D
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment