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The Morning Look

ByGary Kaltbaum

Market Update:

Stock futures are higher ahead of Tuesday’s open after Yellen made it clear that Friday’s dismal jobs report raised uncertainty regarding the economy.

Gary’s Thoughts: Marginally up early. Paying attention to energy here off of yesterday’s move. Would love some sitting/pulling back.

Economic Data:

  • Productivity and costs
  • Gallup US ECI
  • Redbook
  • Consumer Credit

Highlights:

  • Clinton secures democratic nomination
    Gary’s Thoughts: Thrilled!
  • June is out- traders bet Fed will raise rates in September
    Gary’s Thoughts: No more hikes this year.