US and European stocks experienced a very quiet session considering the much awaited inflation data crossed our screens, things may feel a touch “tired” but historically it’s a bad bet to call stocks lower in weeks when they’re making fresh all-time highs. The higher stocks go the more likely another 8-10% pullback will unfold but at MM we remain more comfortable waiting to go aggressively long into such a move as opposed to trying to pick tops.
MM remains a keen buyer of US stocks ~8% lower
