Market in Review 4/2/2024
MARKET REPORT
Review:
Market in Review 3/6/2024
MARKET REPORT
Review:
– Powell sticks to script
– Crypto surges again
– Haley concedes to Trump
– ADP rises, but misses expectations;
– UK Budget as expected;
– NYCB USD 1bln capital raise
Market in review 2/15/2024
MARKET REPORT
Review:
– Retail Sales drops. Exp -0.1% Actual -0.8%
– Initial Jobless, Philly Fed and NYS Manuf stronger
– Industrial Production weaker
– UK GDP weaker Exp -0.1% Actual -0.3%
– Japan & UK enter technical recessions
– AAPL readies AI tool to rival MSFT’s Github copilot
– Israel kills Hezbollah leader. Hez vows revenge
– Fed pricing is ultimately little changed after some of the ramped rate cut pricing post-retail sales faded through the session with still under 100bps of cuts implied for 2024 by money markets