Suddenly we’re two weeks into May and staring at a screen full of green. Equities notched their fourth straight day of gains while yields slid as a buffet of economic data breathed a bit of life into the doves. A standout PPI report pushed back against recent stagflation concerns, showing the largest drop in prices paid in five years. The decline was largely driven by a pull-forward in inventory purchases ahead of anticipated tariffs, offering distributors some welcome cost flexibility (for now…
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.