Slowing Salaries & Slumping Services Spark Savage Stock/Bond-Buying Spree

Friday’s trading day action encompassed the whole week’s moves with stocks surging from their lows of the week to their highs after weak wage growth (‘bad’ news is good news for inflation hawks) and then ugly ISM Services (with tumbling price indices offering some dovish hope for The Fed). Stronger than expected payrolls gains set […] Source