This morning’s big economic report — one of the most important prints of the entire month — came in hotter than expected, which is causing pre-market futures to take a bath in red ink. January ...
I have a high conviction that pre-shutdown macro supports staying long in US equities. August PCE rose 0.3% m/m (2.7% y/y) with spending up 0.6%, so growth held while inflation stayed contained. Q2 ...
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