Yesterday's stocks slipped slightly in steady but below average volume while gold works back up to $1,200 and silver's perched above $16. Today's futures are nervous for both (indexes -0.35% metals -0.44%) because of this morning's document dump--
Initial Claims
Continuing Claims
CPI
Core CPI
Existing Home Sales
Philadelphia Fed
Leading Indicators
Natural Gas Inventories
--and global markets:
Asia shares hurt by soft China data, yen slides Asian stocks mostly fell on Thursday as factory output data suggesting that China's economy was slowing dampened investor sentiment, while the yen slid to multi-year lows against the dollar and euro. The ...
It sure seems that way, but I have to fight my sour feelings on this. Last week's Retail Sales came in as expected +0.3% after last months -0.03%. We'll know more w/ how next week's personal spending and consumer confidence comes out.