BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024
It seems investors are jittery. Apple is lower but the faang index over last month is leading the rally, up more than 20 off the lows. Investors seem to be pulling back a little bit. They want the proof that is justified. David as you say, it is a big week for tech. At the same time, every week is a big week for oil. You are looking at that specifically because the contrast between commodities on the one hand and equities on the other. Abigail is interesting because oil is all over the map. We have been talking about the tale of two economies. Oil, the crude crash pointing to something less co...