Daily Note | April 26, 2024 | Hotter And Hotter. PCN Buy
Markets are shrugging off the hotter PCE inflation report and moving up nicely. Despite the large mover lower on Thursday, equities are up moderately for the week. Today's move is being boosted by Microsoft and Google results. Shares are up 2.8% and 9.2%, respectively.
Despite the warm inflation number, rates are lower. It appears that the market embedde…
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