Semis to take a break?

June 23, 2024 - Update

Current Economic and Market Conditions: A Snapshot

Monetary Policy

• Still Restrictive: The pace of restriction has slowed, indicating the FED is waiting for better data to consider easing.

Credit Conditions

• Slight Improvement: Banks are slightly increasing loans after a long period of decline.

Inflation

• Current CPI: Slightly better than expected at 3.3% YoY.

• In…