Accidental Clairvoyance (Not Really…)
Yesterday’s end-of-day recap bore the title „Half-Hearted Correction Continues.“ It turns out that should have been the title for this morning’s commentary as it’s a better description of this morning’s trading (yesterday, we actually had a few fundamentals to justify the weakness). In today’s case, bonds are weaker „just because.“ Jobless Claims data (206k vs 225k f’cast) didn’t help though–especially considering a…
