Not just pm’s but everything at the moment. Not terrible for the SM and pm’s yet, but crypto in particular is getting pounded.
Oil hanging out around $64
Dollar up a little, rates up near 2 bips but still down on the week. We’ll see how they look after the PCE’s come out in a couple of hours.
September’s have usually not been kind to the SM, although I wonder how pm’s will react if the SM takes a header. Maybe it will be different this time.
