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US Equities Are Surging, Here’s Why

Courtesy of ZeroHedge. View original post here.

After tumbling yesterday, US equities are surging this morning ahead of payrolls…

Here's why:

  • New anti-establishment Italian government? Check.

  • New anti-establishment, socialist Spanish government? Check.

  • Trade war between the US and Europe, Mexico, & Canada? Check.

  • Deutsche Bank (most systemically risky bank in the world at one point) downgraded to a B-handle? Check.

So all we need now is a dismal jobs or wage growth print and bad news will be really great news.

But did Trump just spoil the hopes of a bad print?

Looking forward to seeing the employment numbers at 8:30 this morning.

— Donald J. Trump (@realDonaldTrump) June 1, 2018


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