Soft core PCE data.

Today's PCE data came in a little softer than forecast, which is exactly what the market wanted, and maintains the soft landing narative. Yesterday's trade eventually hit profit before the week dribbled into a lackluster close. But with the S&P once again approaching all time highs and the US 10year yield comfortable below 4%. The signs are good for a positive risk environment in the final week of the year. And for the foreseeable future.

But as we know, we must not get complacent, the market often has a habit of throwing a spanner in the works. It's important to maintain the required knowledge and stay humble.

Weekly review to follow. But for now, enjoy your weekend and have a very merry Christmas 🎄