The Market is in "waiting" mode
May 13, 2024 - Update
Here is my weekly quick take on the markets.
The Nasdaq moved 1.14% higher on below-average volume so it is in “waiting mode” as this week we’ll get to know what the inflation registered in April, a number we know can move the market a lot right now.
The 10-year treasury yield barely moved at +0.09% for the week, again, a sign of “waiting mode”.
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