Markets to weather the looming vacuum
Markets face a potential air pocket until Q2 earnings and Fed rate cuts with political and seasonality risks, but with overseas catalysts from ECB rate cut and China reforms and pain-trade cash-on-sidelines supports.
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The sugar and palladium commodity laggards
Both have sat out the broadening commodity rally but have glimmers of hope, as low sugar prices and higher biofuel mandates stimulate demand and slowing EV adoption and higher platinum prices take some pressure off palladium's terminal decline.
Ethereum ETF approval nice but not needed
SEC to decide on a long-shot approval of an Ethereum ETF that would be a big catalyst for the world's youngest and smallest asset class in the largest investment market, but even a pathway to eventual approval is likely enough.
Why an NVIDIA miss isn’t the end-of-the-world
The AI giant's earnings have become a macro event in its significance. Another beat-and-raise is expected but a miss is ultimately inevitable and not terminal, accelerating the market broadening and a little reallocation going a long way elsewhere.
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