Market in Review 8/7/2024
MARKET REPORT (Unburdened by what has been) – 1987 Day in Review: Today: (Kamalanomics): DATA: – Dovish BoJ Uchida – Strong Kiwi Jobs data – Larger EIA crude draw than expected – VIX pushed higher today – Rate-cut expectations dropped for 2025 but were flat for 2024 COMPANIES: – Meta Platforms (-1.05%) is selling $10.5 […]
Market in Review 5/24/2024
MARKET REPORT – Lyon Stock Exchange. The oldest French exchange is in Lyon, not Paris. Est 1540 – US UoM revised up from prelim – US Durable Goods Rise +0.7% vs Exp -0.8% – US Fed’s Waller has not changed his view that the neutral rate is relatively low – The odds for an ease […]