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Morning Note | November 19, 2021

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Yield Hunting
Nov 19, 2021
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Good Morning!

Futures are mixed with the dow off 250 points, the S&P down 15 (-0.3%) but the Nasdaq up 0.4%. Oil is off 3.5% down to $76/bl. Interest rates are down 5.5 bps to 1.53%.. The VIX is up to 19.

Its a decidedly risk off day. The sentiment is that Covid is not going away in Europe and Austria is re-entering lockdown and requiring all citizens to …

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