Don't fixate on the latest inflation numbers as they're already old, writes Peter Tchir, who says It won't be surprising to see the data begin to tilt toward lower inflation in coming months..QQQ
Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.
Following
6/1/2021 10:18:00 AM GMT
US futures are UP, Oil is UP, Cryptos are DOWN, 10 Yr is flat.
It’s a new month and the mood is bullish, the VIX remains complacent.
Key data points this week – both the ADP employment and Non Farm Payrolls report.
Next Fed meeting June 15th – 16th. 4 Fed Presidents to speak on Wednesday.
Try the Roman Style Chicken.
It is Tuesday, June 1st – the final month in the 2nd quarter of 2021….and markets remain strong, near their highs, as investors/traders/analysts and economists attempt to decipher what is going on with the economy, the FED, monetary policy, tax policy and infrastructure policy. Futures are higher this morning and the national and global mood is bullish….