We're closing in on the 1 pm AAPL event, I need to find a live link to it. Here's what other asset classes are doing thus far...
Commodities are underperforming the SPX by a little, they are more in line with the EUR/USD below...
Commods vs Eur/Usd
Yields are in line with the SPX
The Euro is lagging it a bit
A wider view of the Euro/SPX
Interestingly, High Yield Corporate Credit isn't participating in any equities risk move.
Energy is slightly underperforming...
Financials are slightly outperforming-
Tech was outperforming earlier, now it's lagging.
Sector rotation looks as you'd expect for a bounce, all of the risk groups are up and defensive plays are down.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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