SignalPlus Market Review 11 Aug 2022
Good morning friends and welcome to SignalPlus's daily macro commentary. The big main event in the week didn't disappoint, with the CPI release jolting cross assets into a big rally with headling coming in at 8.5% yoy and core at 5.9%, both weaker than expectations. US equity markets show up between 2-3% in the main indexes, with Materials and Tech leading the way higher. It was pretty much a classic case of risk-on across the board. Bonds also screamed with 2s rallying about 20bp, ...
SignalPlus Market Review 11 Aug 2022
Good morning friends and welcome to SignalPlus's daily macro commentary. The big main event in the week didn't disappoint, with the CPI release jolting cross assets into a big rally with headling coming in at 8.5% yoy and core at 5.9%, both weaker than expectations. US equity markets show up between 2-3% in the main indexes, with Materials and Tech leading the way higher. It was pretty much a classic case of risk-on across the board. Bonds also screamed with 2s rallying about 20bp, ...
