Daily Note | December 10, 2024 | Quiet Day Ahead Of CPI, VPV Tender Results
Markets are up small this morning as we await the next big data point - the US inflation report ("CPI") which comes out tomorrow. It'll be a quiet day overall and I don't expect a ton of movement ahead of that CPI data point.
Yesterday, we did see a significant momentum factor unwind. A painful start to a new week with the S&P closing down 60bps, most se…
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