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Economists who translate the CPI and PPI into the PCE expect monthly core inflation firmed in June. BEA reports this on Thursday.
Core PCE estimate: +0.29% (highest since February), which would push the year-over-year to 2.8% Headline PCE: +0.32% (y/y rises to 2.5%) Source: Nick Timiraos @NickTimiraos
Foreign Investors now own 18% of U.S. Equities, the most in history.
Source: barchart
U.S. Dollar Index $DXY now on a 4-day winning streak and is at its highest level in more than 1 month 📈📈
Source: barchart
US earnings growth outperforming.
Source: @fundstrat thru Mike Zaccardi, CFA, CMT, MBA
Small Cap Stocks are trading at the largest discount relative to Large Caps in AT LEAST 25 years
Source: Barchart
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