November 27, 2019

Stocks are up across the board and on pace for their best month since June after unexpected positive economic data helped fuel the S&P 500, Nasdaq, and Dow to new records.  Durable goods orders came in at 0.6% (vs. -0.9% expected) and weekly jobless claims were 213,000 (vs. 221,000 expected).  Q3 GDP was also revised upward to 2.1%.  Gold and silver are down as safe haven assets are losing some appeal to equities on this data.