Happy New Year! 2022 gets underway with AAPL breakout, Rates, & FX volatility

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Key Takeaways

  • Equity trends remain mixed over the last few trading days, yet still quite positive from 12/21 lows.  There continues to be divergence between SPX and NASDAQ which is -2% below all-time highs
Most of the volatility to kick off the new year has happened in FX and Rates, while Equity gains have proven more muted.   Sharp Treasury selloff along with US Dollar gains are hurting the Precio...

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