The decline in $USO will force the fed to rethink inflation expectations. Yields should ease from here and I would expect $RUT to lead along with
$QQQ
$MU reports today and historically, the stock has not traded well after earnings. This outcome should shape the rest of the week
It’s curious that rate hike expectations are this high with oil $USO returning to pre-Iran levels and interest rate sensitive areas of the market including $IWM at all time highs.
#PCE should begin to roll over in the coming months
@truflation
The decline in $USO will force the fed to rethink inflation expectations. Yields should ease from here and I would expect $RUT to lead along with
$QQQ
$MU reports today and historically, the stock has not traded well after earnings. This outcome should shape the rest of the week
@mikealfred Warsh did a great job today. Markets going higher. Any real market professional knows the first move after the fed conference call is usually incorrect.
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