In a move reminiscent of what you often see in the movies, today's list of Goon appearances is bringing headlines that contradict the hardline, hawkish Goon statements of the past few days. As such, prices are headed back higher. It's just another case of "Good Goon, Bad Goon".
Let's see, this all began with Chief Goon Powell last Wednesday with his "press conference". He was perceived as "dovish" and the idea took hold that The Fed was finished with their rate hike scheme and that cuts would be coming as soon as June. Friday's BLSBS was so lousy that this notion then began to...
