BLOOMBERG Bloomberg Markets Americas July 13, 2024
Some relatively bullish guidance. People still buying into the treasury market. Going up again, Third Straight day. I want to look at the skew index. This is the tail risk on the s p 500. It is holding at the 128 level. This is above the level we were at in early summer. This gives you some sense of why this market remains rangebound. A little bit of nervousness still out there. 600 trading at 392. They are still talking about breakout. His swansong. Arrivederci, draghi. Weak, particularly out o...
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