Good morning … some news overnight, China Manufacturing PMI dropped to 48.8 against expected tick up to 49.4 from prior 49.2. (or ZH snark and CHARTS HERE for China Factory PMI Slump Worsens As Stocks Tumble Into Bear Market) and which is summarized by
Great work !!!
The actual "wild card" seems to be the Data, out of the BLS.
Makes everyone's job a lot harder, if you can't trust the Data.
I'm biased toward probably stronger means a little higher, for longer.
But we're close to the Fed being Done.