Latest / MPC Markets Morning Call
Stocks Slip Ahead of Fed Meeting
The Dow closed above 52,000 for the first time ever, but beneath the surface a fierce rotation out of tech and into financials, industrials and real estate tells a different story. Mark Gardner breaks down why elevated put premiums on chip stocks and extreme price-to-sales ratios echo the 2021–22 software selloff, and what that means for portfolios positioned at the top of this range.
Oil has crashed below $80 for the first time since March as markets front-run Friday's formal U.S.–Iran MoU signing in Switzerland — but with strategic reserves drained globally and demand still climbing, the…
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