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18 May 2021
3 min read

AM Notes: Risk On, Risk Off, Pause, Repeat


Risk sentiment on the up again this morning

In Asia:


06:30 BST

U.S. futures in the green... NQ leading the way, up 0.8%

Everything's a bit Groundhog Day right now. My inbox is filling up with inflation takes, and every day there's a new spin on how the latest Fed official has said it's too soon to talk about tapering.

The ratio of inflation bad Fed hike ASAP: Supply chains, everyone CTFO is off the charts.  


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