Stocks jerked higher on the ADP beat and dumped on the GDP miss to end approximately unchanged from pre-data levels but bonds and bullion are well bid (for now) ahead of the FOMC.
Stocks jerked higher on the ADP beat and dumped on the GDP miss to end approximately unchanged from pre-data levels but bonds and bullion are well bid (for now) ahead of the FOMC.
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10414
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/04-overflow/20140430_GDP_2.png