Charts of the Day
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Tech shows the way on the rebound.
Fed’s Powell says long-term inflation remains in check.
S&P tumbled 1.7% as interest rates are creeping up.
Morgan Stanley sees S&P profit boom despite Iran war.
Nations race to secure enough fertilizer and prevent food crisis.
If the pause turns into something more durable, the setup for a real bounce is there.
Gold, silver and copper selloff.
Every sector closed in the red.
Any comment from Powell that cuts are getting pushed further out, will feel like stagflation.
Morgan Stanley sticks with June rate cut call despite Oil surge.
The global macro reacceleration theme remains intact.
FOMC meeting is next week and almost surely to be a no change vote.