The Commerce Department said that U.S. construction spending rose 0.6 percent in September to the highest level since March 2008, pushed up by a surge in apartment building.

A week that started with fear over what the Federal Reserve might do in its meeting just concluded this past Wednesday, ended up being a good week for equities, and, in spite of major bumps in the road, a very good week for crude.

What the U.S. Federal Reserve sees in an apparently weak Q3 GDP report is entirely different from what currency traders and equities traders think they are seeing. (It’s possible that precious metals traders got it right.)