I`ll give you the props you earned, +/- 5% in play! kudos.
But Ray Charles also would of seen that MACRO conditions are indicative of risk off.
Our giant carrot, AD news drop at any time, is holding us up nicely all things considered.
What will the FEDs do? PCE up, real state sales up, everything they dont want up is up.
Can we stand the blow? Our giant carrot thinks so.
You seem to think so too. If so we both agree.