BLOOMBERG Bloomberg Markets May 24, 2016
Highs of the day. Last week, we had that changing perception of the fed perhaps being more aggressive than the market was pricing in. Official from the Philadelphia Fed speaking last night, reiterating that view. He is not a voting member. There is not much that changed today that would cause this breakout that weve seen. What is driving that upsurge . Weve seen banks trading higher in the session. Weve also Seen Technology doing quite well in todays session. If the economy is strengthening, it would be good news for these economic and sensitive groups. Ally sensitive traders overreacted to th...
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