Good morning,
All the focus this week is likely to be on rates and inflation, with April CPI and PPI due out and speeches from numerous Fed members including Powell.
While that might move rates this week, the energy markets are more likely to determine where rates are in 3 months. Today’s report and tomorrow’s Overtime will highlight the key levels to watch in both rates and commodities.
But maybe the biggest thing I’m focused on right now is the tech sector.
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