Morning Note | June 14, 2022
Good Morning!
Futures are modestly higher after the large sell-off on Monday. Markets have quickly repriced to expect a 75-bp move tomorrow and the chances of a 100-bp is now non-zero. PPI data was out showing the highest wholesale prices, ever.
Markets were down -3.9% on the S&P 500 to -4.8% on the Nasdaq and Russell 2000. Rumors and an increasing n…
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