Interim Deal Underpins a Constructive Framework as Industrials Break Out and Semis Rebound

Near-term US Equity trends remain bullish, and Monday's sharp reaction to the announced interim deal has $SPX and most risk assets pushing higher as WTI Crude, Treasury yields, and the US Dollar all break down in unison. That cross-asset unwind removes a meaningful overhang, and with breadth and momentum slowly improving, sentiment broadly pessimistic, and Central banks likely on hold given the deal, the path of lea...
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Near-term US Equity trends remain bullish, and Monday's sharp reaction to the announced interim deal has $SPX and most risk assets pushing higher as WTI Crude, Treasury yields, and the US Dollar all break down in unison. That cross-asset unwind removes a meaningful overhang, and with breadth and momentum slowly improving, sentiment broadly pessimistic, and Central banks likely on hold given the deal, the path of lea...
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