Maybe this time will be different, but I doubt it. Prices paid vs. CPI

The only thing rising in today's Service PMI are prices..

China's imports are plummeting, while those of Taiwan and Vietnam are surging.

Note the decline in imports from China, which is now below March 2020 levels.

Stocks Rebound, But Bond and Volatility Indicators Urge Caution

There is significant resistance at 170 on PLTR.

There is significant resistance at 170 on PLTR.

The Bank of England may cut interest rates on Thursday, potentially sending GBP/USD lower. In the US, Palantir is set to report earnings. Get Michael Kramer’s (@MichaelMOTTCM) actionable insights on the week’s key market events: #CMCMarkets #TheWeekAhead

The Market Faces A Major Turning Point After Shocking Jobs Miss

In hindsight, the ADP and Paychex numbers for June appear to have been accurate.