After yesterday’s holiday, only today remains before what appears to be a very interesting and volatile weekend. On top of that, today is also NYSE option expiration day and the impact of that event has quite obviously been felt over the past 24 hours. So what happens next? Take a seat, buckle up and let’s find out.
Let’s start with the more “traditional” Friday stuff as today brought two bits of secondary economic data. The first was the Philly Fed. These regional Fed manufacturing indices have almost all been pretty week for months so it’s no surprise that this one continues…