The Dollar is higher after the better than expected payrolls print – and banks are bid – but bonds and stocks are sinking as this removes some of the ‘bad news is good news’ cover for The Fed to slow its roll…
For now the dollar is higher and the rest of the market is down as the payrolls gains signal an increase in hawkishness…
Banks started to rise after Trump’s tweet and extended gains on the beat..
Treasury yields are higher…
But what really matters is – how are markets doing since Trump sent his tweet!?
Already the calls to “lock him up” are echoing through Liberal twitterati.
via RSS https://ift.tt/2soSW5a Tyler Durden