Sweet Dreams.

It's hard to know what to make of Wednesday. We got a lackluster CPI print and folks seem to be concerned about the dissents in the Fed hike. Between those two things and renewed uncertainty around the political outlook following the surprise result of last night's special election in Alabama, the dollar decisively snapped its best win streak of the year. If you look at S&P futs, you can see the Jones effect (i.e. drop on the potential for more gridlock on the Hill), the "bad news is g

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4 thoughts on “Sweet Dreams.

    1. wait! are you sure today is the rosy day….thought that was last week…could be next week that will be rosy…no, today is not the rosy day, that was last week…so today is Tuesday, right?

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