AM Brew, June 1st 2022

Risk assets are struggling this morning to decide whether to rise or fall. Equity futures are mostly flattish, and other risk assets like Crypto, the Pound and the FTSE are falling approximately -30 basis points in a fairly quiet morning.

Our new economic beacon, crude oil, was strong again this morning with WTI up 1.3% to $116. When you think about it, …