15 October 2024 – 08:19 Central Euro Time

As was the case ’round this time yesterday, again both Copper and Oil are at present below today’s Neutral Zones, as too is the Euro; the Bond is above same, and BEGOS Markets’ volatility is pushing toward moderate. Looking at correlations amongst the five primary BEGOS components, the best currently is positive between the Bond and Euro. The Dollar Index is at a two-month high (103.120). The S&P 500 yesterday achieved another record high at 5871, the futs-adj’d “live” P/E now 44.2x. FedFundsFutures are indictive of the FOMC going with a -25bp rate cut come 07 November. The Econ Baro awaits October’s NY State Empire Index.