Today's Macro Theme Is "Good News Is Bad News" — Watch Today's Number For Direction: Equities played a game of Pac-Man yesterday and although making it tough to hold a position, the levels continue to work.
European Central Bank President Mario Draghi said officials cut their inflation forecast for next year, and signaled that the ECB will keep rates interest low for the foreseeable future.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Friday is the monthly U.S. nonfarm payrolls – arguably the most important data release on the calendar. Every month each number takes on a greater significance, but a more important one may loom.