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DowHitsRecordClose
16,432 views
489 Discussing
#dowhitsrecordclose
The Dow
closed above 52,000 for the first time EVER.
Now read the fine print.
The Fed held rates and deleted every word that hinted at a cut. Traders are now betting on a hike by October. May inflation ran at 4.2%.
So money stays expensive. Prices keep climbing. And stocks print records anyway.
The Fed is the show everyone watches. The real move is happening on a different rail.
And the June jobs report drops Thursday, a day early.
$DOW.US
$XRP
$TRUMP
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