Bonds are now +.35 and our market is better by .1875. GDP came in at 1.6 (up), PMI was 54.9 ( down), Existing Home Sales 6.56M (down), and Consumer Confidence was 101.7 (down). All in All really not very good news for the economy but it quiets the rate hikers! At least for a day. We could easily see a spin around later so be ready and lock on the rally this morning.