The Market Brief
Hey team. U.S. stock index futures fell on early Monday amid ongoing uncertainty over trade and monetary policies.
Let’s see what’s ahead for the market!
Macro Viewpoint
Headline Roulette is back. This time, U.S. stock futures and the dollar weakened sharply as traders reacted to the possibility that President Donald Trump will try to remove Federal Reserve Chairman Jerome Powell.
This week’s focus is heavyweight earnings and tariff negotiations as there are no major economic data releases scheduled.
Near-term options prices have declined significantly as investors recognize that tariff negotiations will take time. Investors are pricing similar volatility across the next 6+ weeks.
Investors are still positioned for downside asymmetry in stocks. We continue to see fear levels as extreme relative to the current environment where catalysts for upside asymmetry are more likely than downside.
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