What we’ll cover today;
- Markets drive ever higher. Unprecedented? Not really!!
- PT Barnum said there is one born every minute and the Univ. of Michigan’s most recent survey bears it out.
- The consumer is right on inflation but way off on wage growth.
- If rates are going up why is the world buying our LONG paper so aggressively?
- Goldman retrenches on the Fed’s decision and American’s prove that when it comes to eggs they want deflation spelled CHEAP.