Early Update – Op-Ex Influences
11:18 a.m. ET Since the open, University of Michigan Consumer Sentiment Index for February came in at 79.6 , under consensus (80). In last night’s post I think this was a poignant chart, showing the effect of higher rates on Tech-NASDAQ rallies… Red= the effect of higher rates (30-day positive correlation between NASDAQ-100 and 10-yr…