6/29 00:57 ET
— Ecoa Notes (@mestonecoa) June 29, 2024
• Nike down 20%
• Monthly PCE down to 2.6% YoY in May from April’s 2.7% YoY → Dollar edge lower, anticipation for Sep rate cut grows
• Signs of pessimism for equities, including JPM’s mid-year outlook pic.twitter.com/rvczGMTpmf