Things Are Getting Interesting
Today is Triple Witching Day, which means multiple options are expiring on the same day.
Today is Triple Witching Day, which means multiple options are expiring on the same day.
Markets have moved higher this week with the inflation news and the higher probabilities of a rate cut in September.
Markets seemed to calm this week as economic reports came in a little weaker than expected, increasing the probabilities of a September rate cut by the Fed (at least, in the minds of investors).
Markets are pulling back on some inflation worries and poorer economic metrics.
The worries over inflation and a delay in Federal Reserve rate cuts reignited this week, as equity markets flirt with the first negative week in the last five weeks.
Inflation was all the talk this week and so far, the markets seem to have embraced the news well.