Money Market fully price 4% Peak
ECB
rate for 1st time following hotter than expected inflation
data. 4% ECB terminal rate is expected to be reached by
Feb2024. That compares to a 3.5% rate expected at the start
of the year.
(via BBG) |
00:01 -
01/03/23 |
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February’s last trading day historically bearish. DJIA and
S&P 500 have been down 8 straight and 10 of the last 11.
NASDAQ has bucked trend, up last 3 years. Potential setup
for historically bullish first trading day of March |
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Euro zone is biggest fall.. |
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Tesla’s Model 3 now sells for $4,930 less than the average
new vehicle sold in the US. That’s the cheapest price Tesla
has ever had relative to the typical US vehicle, according
to a new Bloomberg analysis |
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After plunging by 84% from peak, rate to ship 40-foot
container from Shanghai to Los Angeles looks to have
stabilized for now |
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