1 BMO: #Equitymarkets point to a flat open this morning, while #Treasury #yields are little changed. After shooting first (on #software #stocks exposed to #AI), the #market is now starting to ask the questions, and some names have been rebounding forcefully after deep #selloffs. 🧵 #markets
2 #IMF: This shift is particularly pronounced during sharp #market #selloffs, with profound implications for #investors and #policymakers alike. #stocks #bonds #markets
https://www.rnz.co.nz/news/business/577378/fonterra-ceo-says-lactalis-deal-will-allow-it-to-grow "We are sub-scale down here in the south Pacific and as a result [of] our small population, you're always going to be hand-strung by what you can grow at." Hand-strung. That’s a new one #nzpol #fonterra #selloffs
Fonterra CEO says Lactalis deal will allow it to grow

The head of Fonterra says it has been difficult for its brands to compete in global markets.

RNZ
2 Bloomberg: The past couple of weeks have illustrated yet again the pitfalls for #investors in reacting 2 quickly to #geopolitical happenings. “It’s dangerous for investors to overreact on such events which typically turn out to be entry points rather than lasting #selloffs,” Barclays strategist 🧵
After rallying +22% from its lows, S&P 500 is now just 8% away from all-time highs. We know bad stuff happens, #risks remain, and #selloffs can happen during times of #transition, chart Madison Faller @JPMorganAM