A Market Tale Full of Sound and Fury Signifying Nothing
It was an extremely busy day with 8 major events, but there was only a muted market reaction.
It was an extremely busy day with 8 major events, but there was only a muted market reaction.
Ahead of tomorrow’s U.S. May PPI report, China’s May PPI accelerated further.
TSM’s May revenue, SpaceX’s oversubscription, bank stress tests, and other headlines are moving stocks this morning.
Oil prices and their follow through, April CPI, Trump’s CEO delegation, and other headlines that are moving stocks this morning.
There’s a reason I’m feeling more cautious and have cash levels close to 50% now.