• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

US weekly Jobless claims came in at 366,000 and that was higher than last week's 348,000, but the number was low enough to take the 4 week moving average lower for the 2nd week in a row.

As the facts change, we do. This number being more bullish than bearish, on the margin, implies that its more "OK" today for the Fed to do what I think they need to do, raise rates.

The US Dollar has reacted positively again today, trading up to 72.22.
KM