by Chuck Butler
Good Day… And a Marvelous Monday to you! It’s a deluge of rain here in St. Louis this morning. The main road in and out of the area of the river city I live in, was closed due to flooding, so I had to find another way out! Cardinals do enough to keep everyone interested this past weekend, and the Olympics finished their first week and head into the last week of competition. The U.S. Data was bad again on Friday, and Pink Floyd greets me this morning with their song: Money… But if you’re asking for raises, no surprises That they’re giving none away… Story of my life right there folks… Story of my life…
The dollar is slightly softer again this morning… But overall, the dollar has rebounded from the selloff that came on Friday after the latest round of bad economic data, deep sixed the dollar.