Morning Note | October 19, 2021

Good Morning!

Futures are up as small caps lead the way and we are closing in on new all-time highs set in early Sept. The 10-yr yield is flat at 1.59% and commodities higher on the weaker dollar. FDA poised to support vaccine mix/match approach. Manchin raises doubts on meeting Oct 31 deadline for dual infra bills. Strong earnings are also supporting th…