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Daily Note | May 16, 2024 | RSF Remains Cheap Here (45 Days Until Tender)

Daily Note | May 16, 2024 | RSF Remains Cheap Here (45 Days Until Tender)

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Yield Hunting
May 16, 2024
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Daily Note | May 16, 2024 | RSF Remains Cheap Here (45 Days Until Tender)
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Markets reached all time highs again a day after the CPI report came out showing mild disinflation. Today, markets are just above the flatline despite a strong quarterly earnings report from Walmart showing weak follow through. Shares are up almost 6%.

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