[…] The Retail Sales number rebounded much more strongly month over month than anticipated.
Although the number was highly contrived, nevertheless it was good enough for those who are touting a V-recovery.
The FED is buying corporate debt.
You know, those bonds that corporations were issuing in big numbers to buy back their stock, to prop up the price and fatten their stock options.
So stocks rallied, although they were unable to hold on to their highs.
Gold and silver struggled again today.