Stocks Pump'n'Dump'n'Pump (Again) Ahead Of Trump's Tarrific Presser, 'Hard' Data Strengthens To One-Year Highs

While all eyes and ears will be focused on every word that President Trump says right after the close today, the macro data this morning demolished any mainstream narrative of an imminent recession as ADP job additions (especially manufacturing) surged and Factory Orders rose near record highs, pushing US Macro Surprise Index back above zero (to one-month highs)...