Adding ETH Beta (Core Strategy Rebalance)
Dec 6, 2024
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AVAX
4.75%
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3.05%
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0.52%
CORE
N/A%
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1.29%
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5.39%
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0.84%
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4.29%
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-2.31%
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1.35%
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N/A%
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2.83%
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+1.25%
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+2.08%
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+5.52%
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+4.59%
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-1.84%
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+4.25%
MSTR
-4.23%
RIOT
+1.75%
SMLR
WULF
-0.96%
Today's employment numbers broadly met investor expectations, placating a nervous market. Risk assets rallied, aligning with our view that yesterday's de-risking would not persist through today.
Yields continued their downward trajectory, and Fed funds futures also declined, reflecting the market's adherence to the Fed's dovish messaging.
Yields Falling:
Fed Funds Futures Showing More Cuts:
Oil prices nearing YTD lows likely assisted in ...