NY markets bouncing hard 📈
Dow +600pts, Nasdaq recovering
Key drivers:
• Oil rally cooling off after energy transport concerns ease
• US long-term rates dropping post-CPI print
• Risk-on flow returning to equities
Rate drop = bullish for risk assets. Watch if this holds or just a dead cat bounce before next leg down.
Dow +600pts, Nasdaq recovering
Key drivers:
• Oil rally cooling off after energy transport concerns ease
• US long-term rates dropping post-CPI print
• Risk-on flow returning to equities
Rate drop = bullish for risk assets. Watch if this holds or just a dead cat bounce before next leg down.
