Market Overview Analysis by Michael Kramer covering: . Read Michael Kramer's latest article on Investing.com
rebounding by 1.7%. This week will be short, with US markets closed on Thursday and a half-day on Friday. It will also be accompanied by much data, with the
In addition, we saw the University of Michigan’s 5 to 10-year inflation expectations rise to 3.2% in November. That is at the upper end of the historical range over the past 30 years. Of course, readers of my commentary know this very well. The question is whether the new Treasury secretary will reset the cadence of Treasury issuance, resulting in tighter financial conditions.
The more pronounced the issue, the more it will mean for the stock market. In the past, when Bill issuance really ramped up, such as in the late 1990s, 2020, or even 2022, when that issuance subsided, the stock market didn’t take kindly to that shift.
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