Week in Review 5/22/2020

Every time Lil Yachty releases an album or song the market crashes. Credit u/RayCashIsTrashDalio

Generally speaking, it was a quiet week leading up to the long weekend. SP500 stayed in a tight range.

US CPI drops significantly on lower demand. Initial jobless claim continues to lower, though this masks the over 23 million unemployed Americans.

FED swap lines taper.

Bundesbank 10 yr benchmark rate rises on the country’s reopening week.

The UK sees positive inflation expectations in the month of May.

Metals continue to see a strong bounce back as China continues its reopening.

Cattle increases as supply is constrained.

 

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