Cracks have definitely appeared, says Larry Shover. He tracks volatility in the markets. He notes how the week began with Powell opening the door to a 50BPS rate hike that quickly gave way to a market selloff. He also goes over movement in futures including agriculture futures corn futures (/ZC), wheat futures (/ZW), and soybean futures (/ZS). He then goes over the current technicals of the bond market. Tune in to find out more about the stock market today.
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