22 + 25 =47
with O/U at 47, nobody got paid dere, but is a noice coincidence. No 13s anywhere's except in the booth Goodell yelled at TS in..
All guid.
Is it Showtime yet?
Yeppers.
Breakfast Bites - Everyone's in the same trade
Small caps gain momentum; Oil could stay higher; ECB speaker hint at easing
Author
Ayesha Tariq
February 12, 2024
Rise and shine everyone.
The CPI revisions showed lower numbers for December than previously reported. Not only this, but most banks are now revising their core CPI numbers lower for Tuesdayโs Inflation Report. Markets took all of this as a good sign and traded in risk-on mode. The S&P 500 continued to make record highs in the face of rising yields and the Russell 2000 small-cap index also broke out on Friday.
Some of this momentum is set to continue as everyone seems to be in the same trade.
But, weโre still wary of small caps given they are more sensitive to rates with weaker margins and higher debt.
US Equity Futures are flat this morning after Fridayโs surge. Yields are lower across the curve with the US Dollar weaker. Gold, Bitcoin, and Oil are all lower.
Markets were closed in China, Hong Kong, Japan, Malaysia, Singapore, South Korea, Taiwan, and Vietnam, mainly due to the Lunar New Year. European markets are mostly higher except for the UK.
Itโs a quiet day for macro data. The big event is tomorrow with the CPI release.
[SNIP]
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Following Trump's remarks on NATO, Rheinmetall and other European defense companies saw their stock prices increase.
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Moody's downgraded Israel's credit rating to A2 from A1 and revised the outlook to negative, citing a higher-than-anticipated debt load due to recent conflicts.
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https://www.macrovisor.com/p/breakfast-bites-everyone-s-in-the-same-trade
Republican known for political upset predicts another shocker in Suozzi-Pilip race for George Santosโ seat
https://nypost.com/2024/02/11/metro/republican-known-for-political-upset-predicts-another-shocker-in-store-for-suozzi-pilip-race/
Lakewood shooter as trannie? Now who saw dat comin'?
๐๐ซ๐ข๐ฌ๐ญ๐ข๐ง ๐๐๐ซ๐ญ๐ข๐ง
@KAM4Texas
๐จBreaking: Great work by
@GrizzysHoodNews
. Lakewood Church Shooter Identified as
Genesse Moreno. Also went by Jeffrey Genesse Moreno ๐ค๐
More to come..
H/t
@GrizzysHoodNews
https://twitter.com/KAM4Texas/status/1757008351815242074