GDP Surprises Analysts

GDP Surprises Analysts

The lede, from MarketWatch.com:    GDP Surprise Chalked Up To Unexpected Consumer Spending During Shutdown, Research and Development Growth. More:    “At a 2.6% gain, fourth quarter GDP was a welcome upside surprise, and further cast doubt on the veracity of the weak...
Bonds Look Toppy

Bonds Look Toppy

Bonds have backed off quite a bit from the highs of the week.  This morning’s solid GDP numbers are certainly adding selling pressure.  The IEF(iShares Barclays 7-10 Year Treasury Bond Fund) is tracing out a key downside reversal on the weekly chart.  The...