We pull out of the Paris Climate Accord and the SPX has its best day all week. It might have had to do more with the ADP number but really until there is a shock stocks are going higher on a wave of earnings and economic growth. Another thing grew today and that is the skew in the SPX.
Well for GS, $260 we barely knew ya. After melting the upside for the 1st quarter of 2017 GS is actually down for the year and very near prices right after the election. The GS/Venezuela duet is not playing great in the news and the stock is getting clobbered. You would think the coming dump of US Gov securities from the Fed would push up rates but that has not happened yet.