Futures selling off again.
Looking like it’s going to be a rough open.
— QE Infinity (@StealthQE4) May 1, 2024
Amidst escalating investor nervousness, sharp outflows from $LQD ETFs signal heightened concerns over US high-grade credit, amplifying anxieties about the looming Federal Reserve interest-rate decision. As traders anticipate the largest Fed-day move in the S&P since 2023, uncertainties loom large amidst mixed earnings, geopolitical tensions, and inflationary pressures, painting a grim picture of market instability on the horizon.
Sharp outflows from $LQD ETFs point "to higher investor nervousness about US HG credit, which has the disadvantage of longer duration and higher sensi- tivity to rising UST yields."
– JPM Panigirtzoglou pic.twitter.com/Y03jDfgiQ3
— Daily Chartbook (@dailychartbook) May 1, 2024
Linkt.co/wgbfdlS3q1
— QE Infinity (@StealthQE4) May 1, 2024
Sell in May? pic.twitter.com/jtuFCwpThd
— Win Smart, CFA (@WinfieldSmart) May 1, 2024
Update .
Something is about to implode .
What is it martis ?
Its Somethin.
oh . t.co/pUDaGnDCNT pic.twitter.com/MWtr2uSZFB
— The Great Martis (@great_martis) May 1, 2024