The Yield Curve After Jobless Claims & PPI Reports Release
b'The PPI or Producer Price Index data today came in significantly lower than expected. "The stock market will respond positively to the report. The Jobless Claims numbers were in line with expectations. Currently, I am watching the yield curve as it would indicate a 50 BPS or 75 BPS interest rate hike. Investors saw a bearish peak in the stock market in June," says Dan Deming.'