Morning Note | December 17, 2021
Good Morning!
Futures are down as the tech selling continues. The 10-yr yield is threatening to break 1.40 and oil could fall below $70/bl. Lower yields have investors questioning growth prospects; PMI-Mfg printed at a 12-month low, while PMI-Srvcs also missed expectations. Housing starts/permits came in stronger. JPM believes that we will see above-tren…
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