Good morning, everyone, as we slumber toward the last pre-Christmas trading day. The big economic report (and the LAST one of the year) came through with the PCE at the expected 0.2. The market isn’t quite sure what to do with this boring tidbit of data.
Indeed, all the action was on Tuesday, which was in the form of:
- an exciting plunge;
- a partial un-doing of the plunge
And we’ve been flatlining ever since. With all the travel turmoil out there, I think there’s about seven people actually trading today.
This will leave only four trading days left this year, and it’ll probably be pretty quiet. Here at Slope, we’re working on something which is going to blw your Christmas stockings off, though. You’re going to love it.
