Daily Note | June 4, 2024 | Nuveen Goes Nuclear

June is starting off a bit slow with the S&P down 0.3% on the second day after a flat move on the first trading day. This week's data dump could shift the narrative a bit - either to more rates cuts sooner or higher for longer.

Today we received job openings which fell more than expected to their lowest level in over 3 years. Employment vacancies fell to…