Chicago PMI and Construction spending still due!!

Apr 30 9:45 AM Chicago PMI Apr - 53.0 55.0 61.7 -
Apr 30 10:00 AM Construction Spending Mar - 0.1% 0.3% 0.3%

 

Both below expectations, both shrugged off, market goes higher. Lower growth = Fed won't raise rates.

 

bfft as he said

less likelyhood of a rate hike

 

ha less likely hood, come on, thats the only thing the bulls have to cheer about when they see a negative economic number is the chance of the federal reserve lowering rates, I will repeat myself for the 1000th time, they are not cutting rates anytime soon.

 

But they aren't going to raise then either and that is what matters