Portfolio Watch: Good news = no cuts = bad news (for metals)
The NFP postpones the recession chatter (again) and markets will have to swallow that message as the FOMC meeting will be impacted by hawkish data surprises.
![Portfolio-Watch Portfolio watch](https://stenoresearch.com/wp-content/uploads/2023/05/Pasted-107.png)
The NFP postpones the recession chatter (again) and markets will have to swallow that message as the FOMC meeting will be impacted by hawkish data surprises.
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