After tumbling yesterday, US equities are surging this morning ahead of payrolls…
Here’s why:
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New anti-establishment Italian government? Check.
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New anti-establishment, socialist Spanish government? Check.
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Trade war between the US and Europe, Mexico, & Canada? Check.
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Deutsche Bank (most systemically risky bank in the world at one point) downgraded to a B-handle? Check.
So all we need now is a dismal jobs or wage growth print and bad news will be really great news.
But did Trump just spoil the hopes of a bad print?
Looking forward to seeing the employment numbers at 8:30 this morning.
— Donald J. Trump (@realDonaldTrump) June 1, 2018
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