Reply To: Traders Market Weekly: APR 3-9 — Yield Inversion & Inflation concerns


S&P futures vs fair value: +10.60. Nasdaq futures vs fair value: +50.80.

The S&P 500 futures trade 11 points, or 0.2%, above fair value to start the week, as the market continues to weather a host of growth-related concerns.

Some of those concerns include
the prolonged Russia-Ukraine situation,
the COVID lockdowns in Shanghai,
the potential for a Fed policy mistake,
the 2s10s spread inversion,
supply chain disruptions,
inflationary environment that includes $100/bbl oil prices ($100.29, +1.02, +1.0%).