Morning Note | October 22, 2021
Good Morning!
Futures are little changed this morning and the 10-yr is back below 1.7%. Stocks made an all-time high yesterday; the SPX‘s longest drought since Nov 2020. The commodity complex is stronger. INTC -10% and SNAP -20% pre-mkt on earnings. Axios reports that mem stock money is now going to crypto, NFTs, and sports betting. Macro focus on PMIs t…
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