By CDMediaNetwork | January 8, 2020
With the burnout of last night’s ‘war with Iran’ hysteria, as the entire incident turned out to be a big production for the propaganda stage, the markets are moving strongly to the upside, reversing the big drop in futures overnight.
S&P Futures are positive, while the DOW is little changed. Bonds have sold off.
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In addition, private employment growth in December just printed way above estimates.
ADP Employment Change (Dec) printed at 202k vs 160k consensus estimate.
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This piece originally appeared on CreativeDestructionMedia.com and is used by permission.
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