2.3% vs 2.4% estimates y/y
0.2% vs 0.3% estimates m/m
The dollar is slipping a little. SM up a little, QQQ’s outperforming. Oil still up over 1%. Bitcoin up about 1%. Rates about the same 4.44%
Then there’s pm’s, trying to hold the flatline after being higher all night. Smells like a correction, even though a lot of damage was done yesterday to the shares. How long is beyond my capacity to know. Not sure what has changed. Pressure should be on the Fed, but we’ll see.
