Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is "washed out

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Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out

Equities rallied solidly Wednesday, a reminder that stocks are vulnerable to a “positive policy shock” mirroring the “90-day pause” announced on April 9th.  While tariff uncertainty continues to weigh on visibility and also on investor conviction, equity markets are in a better place today than they were last week.

Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out

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Key incoming data April:

  • 4/1 9:45 AM ET: Mar F S&P Global Manufacturing PMI Tame
  • 4/1 10:00 AM ET: Mar ISM Manufacturing PMI Tame
  • 4/1 10:00 AM ET: Feb JOLTS Job Openings Tame
  • 4/2 10:00 AM ET: Feb F Durable Goods Orders MoM Tame
  • 4/3 8:30 AM ET: Feb Trade Balance Tame
  • 4/3 9:45 AM ET: Mar F S&P Global Services PMI Tame
  • 4/3 10:00 AM ET: Mar ISM Services PMI Tame
  • 4/4 8:30 AM ET: Mar Non-farm Payrolls Hot
  • 4/7 9:00 AM ET: Mar F Manheim Used Vehicle Index Tame
  • 4/8 6:00 AM ET: Mar Small Business Optimism Survey Tame
  • 4/9 2:00 PM ET: Mar FOMC Meeting Minutes Mixed
  • 4/10 8:30 AM ET: Mar Core CPI MoM Tame
  • 4/11 8:30 AM ET: Mar Core PPI MoM Tame
  • 4/11 10:00 AM ET: Apr P U. Mich. 1yr Inf Exp Hot
  • 4/14 11:00 AM ET: Mar NYFed 1yr Inf Exp Mixed
  • 4/15 8:30 AM ET: Apr Empire Manufacturing Survey Tame
  • 4/16 8:30 AM ET: Mar Retail Sales Tame
  • 4/16 10:00 AM ET: Apr NAHB Housing Market Index Tame
  • 4/16 4:00 PM ET: Feb Net TIC Flows Tame
  • 4/17 8:30 AM ET: Apr Philly Fed Business Outlook Tame
  • 4/17 9:00 AM ET: Apr M Manheim Used Vehicle Index Mixed
  • 4/23 9:45 AM ET: Apr P S&P Global Services PMI Tame
  • 4/23 9:45 AM ET: Apr P S&P Global Manufacturing PMI Tame
  • 4/23 10:00 AM ET: Mar New Home Sales Tame
  • 4/23 2:00 PM ET: Apr Fed Releases Beige Book
  • 4/24 8:30 AM ET: Mar P Durable Goods Orders MoM
  • 4/24 8:30 AM ET: Mar Chicago Fed Nat Activity Index
  • 4/24 10:00 AM ET: Mar Existing Home Sales
  • 4/25 10:00 AM ET: Apr F U. Mich. 1yr Inf Exp
  • 4/28 10:30 AM ET: Apr Dallas Fed Manuf. Activity Survey
  • 4/29 9:00 AM ET: Feb S&P CS home price 20-City MoM
  • 4/29 10:00 AM ET: Apr Conference Board Consumer Confidence
  • 4/29 10:00 AM ET: Mar JOLTS Job Openings
  • 4/30 8:30 AM ET: 1Q A GDP QoQ
  • 4/30 8:30 AM ET: 1Q ECI QoQ
  • 4/30 10:00 AM ET: Mar Core PCE MoM

Economic Data Performance Tracker 2025:

Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out

Economic Data Performance Tracker 2024:

Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out

Economic Data Performance Tracker 2023:

Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out
Positive policy shock puts markets in a better place as high yield recovers 50% of widening.  TSLA rally on poor results strengthens case it is washed out

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