Greetings,
The United States: Seasonally adjusted indices:
The United Kingdom: The pound hit its highest level since 2022.
Europe: Germany’s EV sales tumbled.
Cryptocurrency: There was a relatively minor spike in short liquidations as BTC rose above $60K.
Equities: Historically, the first Fed rate cut has been associated with corrections in the S&P 500, particularly within the first six months after a 50 bps cut, according to Fairlead Strategies
Credit: Investment-grade bond funds continue to see inflows.
Food for Thought: Computational capacity of the fastest supercomputer:
Edited by Josh Oldmixon
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