The rally in 2S continues to go even after CPI, notes Zed Francis. He discusses the Fed’s inflation fight. He talks about how the market seems fully convinced that cuts are coming, independent of the data. He suggests that if growth/inflation pick up and the Fed continues on the course currently price, lookout for the long end. He then goes over takeaways from bank earnings. Tune in to find out more about the stock market today.
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