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MRKT Call
RiskReversal
Is This the Beginning of the Great Rotation?
7 minutes Posted Jun 24, 2024 at 8:19 pm.
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Show notes

MRKT Matrix - Monday, June 24th

  • Dow closes more than 250 points higher as investors snap up energy and bank stocks, Nvidia slides 6% (CNBC)
  • Fundstrat’s Tom Lee is about to raise his year-end forecast for the S&P 500 (CNBC)
  • How Long Can High Rates Last? Bond Markets Say Maybe Forever (Bloomberg)
  • Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic (CNBC)
  • Apple, Meta Have Discussed an AI Partnership (WSJ)
  • Apple’s App Store Rules Illegally Stifle Competition In Europe—Possibly Drawing Billions In Fines, EU Regulator Says (Forbes)
  • Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls (CNBC)
  • Delivery Drivers Got Higher Wages. Now They’re Getting Fewer Orders. (WSJ)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets