Seems like people just want to be long stocks right now… have a hard time believing spooz will be as resilient if PPI is hot tomorrow, too, and if those PCE estimates start coming out in the 0.4% MoM range
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yassa
core unrounded 0.446, supercore 0.757 MoM… inclined to think there is some seasonality here but these are also red hot prints and kinda surprised to see stocks holding up reasonably well here pre market
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