Market Notes for 4/15-4/19
Recap of last week: Our outlook last week was to be cautious which came in handy as the market was volatile in both directions trapping both sides. Wednesday's CPI report came in hotter than expected which then recovered most of the losses the next day after PPI came in tame. Friday’s disappointing results from Banks and geopolitical factors led to a big drop and first back to back weekly losses of the year.
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