Greetings,
The United States: Consumer credit unexpectedly contracted in February.
Equities: The S&P 500 intraday trading range hit the highest level since the COVID shock.
Commodities: Gold held support at the 50-day moving average.
Cryptocurrency: The Crypto Fear & Greed Index entered “extreme fear” territory.
Credit: Bond spreads keep widening.
Energy: Brent crude dipped below $64/bbl.
Food for Thought: Market-implied probability of more US tech layoffs in 2025 than in 2024:
Edited by Abraham Lent
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