SignalPlus Vol Commentary (04 Jun 2024)
Yesterday (June 3rd), the U.S. Manufacturing PMI recorded a reading of 48.7, which was below expectations and the previous value. Additionally, the Atlanta Federal Reserve’s GDPNow model revised down its…
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Yesterday (June 3rd), the U.S. Manufacturing PMI recorded a reading of 48.7, which was below expectations and the previous value. Additionally, the Atlanta Federal Reserve’s GDPNow model revised down its…
Last week’s data releases spurred quite a bit of macro re-thinking, with US data exceptionalism finally come back down to early in Q1 (GDP revised down, consumption lower), while global…
Yesterday (28 May), Minneapolis Fed President Kashkari made a hawkish statement: Although the likelihood of a rate hike is very low, he does not think it can be ruled out,…
Last week saw the continuation of what many are calling a ‘one-pillar’ market, with Nvidia almost single-handedly holding the markets up, while sticky PMI, inflation expectations, and a decidedly more…
Both the crypto market and TradFi lobbying groups were caught off-guard over the past 48 hours, as the SEC had a sudden about-face on Ethereum ETF approval. An abrupt request…