Another point for Team Goldilocks in today’s PCE print with the headline number holding steady and a modest dip in core. Viewed in conjunction with yesterday’s robust GDP growth, a week of new highs for indices, and a curiously quiet macro backdrop, the grind higher was ground to a halt. Equities took a bit of a breather (though still just off best levels) in largely range bound trading, while yields rose across the curve. Oil caught a bid into the close with the energy sector up 5% on the week…
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