Futures Power Hour

Quiet Quad Witching

| Jun 21, 2024
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    Futures Power Hour

    Quiet Quad Witching

    Jun 21, 2024
     Chris Vecchio, Ilya Spivak, and Thomas Westwater discuss a quiet but significant quad-witching Friday leading into July 4th. Key insights include the PMI reading indicating a heating U.S. economy, quiet U.S. equity markets despite ominous signals from NASDAQ and S&P, and the Russell's underperformance likely due to investor focus on AI-related large-cap tech stocks. The macroeconomic outlook includes PMI impacts, potential Fed policy shifts, and durable goods data. Discussions also cover copper, oil, natural gas, and potential intervention in dollar-yen amidst rising bond yields.

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