While there was a ton of “polycrisis” news this week, there were just two reports: Fed Balance Sheet (WALCL): +3.4B w/w. Mostly unchanged. ISM Services: actual 50.3, expected 52.2. Flat. Rates appear to be lining up for a 25 bp rate increase ahead of the Fed meeting coming up on Wednesday, June 14th. The odds […]
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