From Barchart:



The article discusses the current state of the equity markets, noting that the “Goldilocks narrative” has taken over. This suggests that the conditions are neither too hot nor too cold for the markets, but just right. The article also mentions that there is an 85% probability of an interest rate cut in March 2024. It notes that precious metals are experiencing increases, while crude oil is facing challenges in staying in positive territory. Overall, the article provides a snapshot of the current status of the equity markets and the factors influencing them, such as interest rate expectations and the performance of precious metals and crude oil.



Original: The Russell 2000 outperforms, fueled by Personal Consumption Expenditures (PCE)