WuBlockchain Weekly Outlook: The macro trade is about to be stress-tested. U.S. payrolls, ISM, eurozone CPI, China’s PMI | Hanami
WuBlockchain Weekly Outlook: The macro trade is about to be stress-tested. U.S. payrolls, ISM, eurozone CPI, China’s PMIs and the BOJ’s post-hike debate all land within four days. Another strong U.S. jobs report could drive yields higher again—and force expensive tech stocks to absorb an even higher discount rate.