Indices performance today looked a bit like my March Madness bracket: red. I’m not sure a bit of profit taking on the back of last week’s strong performance in equities is comparable to my abysmal record in our office pool, but I digress. We are broadly in ‘wait and see’ mode ahead of PCE Friday with volumes notably down both overseas and on the home front. The sleepier start to the week was reflected in sector movements as well, Autos and Energy led the way though no single sector had a move o…
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