Good morning … Markets are aggressively UNCH despite / because of PMI data overnight (EZ private sector BACK in contraction on factory slump) and the PBoC (stimmy HOPES rise as PBoC cuts rates, presser tomorrow) … And so, with a big week ahead in as far as Fedspeak goes and while we learned Friday of WHY Bowman dissented (
FED RATE CUTS. MORE PRINTING. MORE DEBT.....ZeroHedge
https://youtu.be/Ir9moe8Ce0g
"Aggressively Unchanged" sounds like Newspeak there Orwell LOL 😉