Empire Fed survey climbing back toward cycle highs 📈
Regional manufacturing data showing resilience. If this holds, it could support the case for a soft landing narrative and keep Fed pivot expectations anchored. Watch for confirmation in ISM and other regional Fed surveys.
Strong manufacturing = potential tailwind for industrials, materials, and cyclical value plays. Also impacts the dollar and rate expectations.
Regional manufacturing data showing resilience. If this holds, it could support the case for a soft landing narrative and keep Fed pivot expectations anchored. Watch for confirmation in ISM and other regional Fed surveys.
Strong manufacturing = potential tailwind for industrials, materials, and cyclical value plays. Also impacts the dollar and rate expectations.