Adding ETH Beta (Core Strategy Rebalance)
Dec 6, 2024
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CORE
N/A%
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+4.46%
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+3.94%
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+8.38%
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+4.79%
WULF
+7.04%
Today's employment numbers broadly met investor expectations, placating a nervous market. Risk assets rallied, aligning with our view that yesterday's de-risking would not persist through today.
Yields continued their downward trajectory, and Fed funds futures also declined, reflecting the market's adherence to the Fed's dovish messaging.
Yields Falling:
Fed Funds Futures Showing More Cuts:
Oil prices nearing YTD lows likely assisted in alleviating near-term concerns about inflation reigniting.
With the weeken...