We're getting closer to the low price projections that we've been discussing. Now the question becomes...what if lows are not found at the levels we're watching? That, of course, is a concern.
Today's smash comes via the double-barrel news of an updated Q1 GDP guess and a preliminary look at PCE. Both came in higher than expected: https://www.zerohedge.com/markets/q1-gdp-revised-higher-core-pce-comes-h... ...
