It's true that Apple, Facebook, and Google are a bunch of loopy leftwingers but while I don't want to ignore the power of Central Command let's not forget that supply and demand wins every time. Businesses get big when they meet a need, not because they know the right people.
Markets | Yesterday | Today | |||
metals | Still holding to prices going back to November's bases --> $1,204.15 and $16.57 | now @ $1,220.50 & $16.92; futures very strong +1.67% | |||
stocks | Off slightly in mixed volume; NASDAQ ending its streak; IBD: "Market Takes Breather" | futures now trading up just barely --> +0.13% |
While yesterday's econ reports were mixed/tepid, today we'll be slammed w/ both claims day and CPI:
Initial Claims
Continuing Claims
CPI
Core CPI
Durable Orders
Durable Goods -ex transportation
FHFA Housing Price Index
Natural Gas Inventories
Forget the press, the FR has it all here: