The View from 5th Avenue

The View from 5th Avenue – 8 April 2024

US Markets meandered aimlessly in typical Monday fashion as midday confusion over night vs day seemed to eclipse market activity as data shows this was the lightest trading day of 2024. We traded on either side of the breakeven line throughout the day before finally closing flattish as we prepare for another macro-abundant week with March CPI on Wednesday plus March FOMC Minutes and PPI to follow on Thursday before banks earnings kick things off for Q2 results on Friday. As a precursor, we go…

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