PODCAST · business
Second Order Daily Market Brief
by Second Order
Concise daily macro and markets intelligence covering liquidity, volatility, rates, equities, commodities, FX, semiconductors, positioning, and cross-asset flows.
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PCE Tests the AI-Led Risk Rally
Semiconductors are keeping equities firm, but oil and rates remain the macro constraint. Today’s core PCE print is the hinge for whether this rally broadens or turns into a tighter financial-conditions trade.
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