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MM will poise to make new all-time highs tomorrow

(2015-06-18 18:33:50) 下一個

經過昨日的FOMC會議,美聯儲並不急於升息,市場似乎受此消息激勵,繼續跋涉更高。

In other news, today's weekly Jobless Claims showed a drop of -12,000 new claims to 267,000, well under the estimate for 279,000.

The Consumer Price Index (less food and energy), with a reading of 1.7% (down from last month's 1.8%), once again confirmed that inflation is not a concern at the moment.

And the Leading Indicators report, with their better than expected print of 0.7% (vs. expectations for 0.4%) underscored the narrative that the economy is indeed rebounding from last quarter's -0.7% contraction.

The market smartly moved higher today, and are all poised to make new all-time highs tomorrow.


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