China data weakens, Puerto Rico defaults, Japan falls, crude drops, another E&P company defaults, failed M&A deal, US macro data dumps… and stocks surge…
US equities went up today… because why not…just a little too uniformly post-EU Close…
Thanks to a brief USDJPY momentum igntion as Construction Spending, and ISM and PMI all missed expectations…
This post was published at Zero Hedge on 05/02/2016.
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