October 5th 2023 As discussed in my evening note, I anticipated some overnight volatility and a potential pullback to the 4277-74 area – which did happen. The market held this area and rallied up to the 5-day moving average, consistent for several sessions now. Today might echo yesterday; bears may attempt to push us lower […]
IN THE OVERNIGHT 5 OCTOBER
Mixed Markets TOP STORIES OVERNIGHT Only an Equities Crash Can Rescue the Bond Market, Barclays Says-BBG Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income assets, according to Barclays Plc. “There is no magic level of yields that, when reached, will automatically draw in enough buyers […]