GDP on Deck
There isn’t a great deal to say this evening folks - the market is waiting on Friday’s GDP data.
Actually, there is a great deal of data Friday morning and the GDP is only data point #1. After it, we will also get information on the ECI (employment cost index), Chicago PMI, and Consumer Sentiment reports. Remeber, the Chicago PMI is released a few moments before the stated release time for its “subscribers” so be wary at that time.
The market has been rather tame these last few days. Let’s hope the avalanche of data, as well as the end of the month, brings a little excitement.
Trade well and follow the trend, not the so-called “experts.”
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It really does look like the only jobs being created right now are government jobs. Not good.