Market has not sold off much after print, Steven Lubka notes

Market has not sold off much after print, Steven Lubka notes
Market shows resilience despite weakness

Steven Lubka commented that, in his view, the market has shown resilience. He said that despite recent weakness, the market has not sold off significantly following the latest print, which he sees as encouraging.

Earlier this month, Lubka noted that yields had declined and market breadth increased, despite weakness in risk and AI assets, in a previous report. He also observed that Bitcoin was performing better than equities on a day when the stock market faced challenges, as mentioned in another update. These observations follow a period of mixed performance across different asset classes.

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