BLOOMBERG Bloomberg Markets Americas July 12, 2024
We are continuing to see that sickle cyclical tilt. The financials, industrials leading the way higher that is part of this rate sensitivity narrative. We are seeing yields move higher. The 10 year up about eight basis points. That gives a boon to the financials, which are up by 4 . Stocks whichity are only higher by about 1. 4 . Underperforming. I want to talk about the reopening narrative, how that seems to be the only thing the market is focused on. You are seeing that layout in multiproperty small property stocks. Yes, the data still not looking good. Val 76. 2 ail traffic last week. It is...
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