As the above futures heat map from Barchart.com shows, we're seeing markets respond to global growth themes. Energy contracts are quite strong, as are metals, as traders and investors anticipate continued strong demand. We're also seeing solid upside among stock indexes and continued selling of 10-year Treasuries, pushing yields toward the 4% level. Currencies from resource-rich countries continue to outperform the U.S. dollar, led by the Canadian dollar. As long as the growth themes dominate, particularly with inflation not in the headlines, there is underlying support for the stock market.
.
Posts
