Postcards: For Lisa
I'm taking a day away from afternoon market commentary and sending this note early... before she wakes up on her birthday.
Market Update: Futures are up this morning, and the 10-year bond is falling. So, I would suggest we’re safe from any serious surprises. That said, markets didn’t like the Fed meeting minutes and the reminder that interest rates will be higher for longer. Even Paul Krugman is confused.
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