AM Brew May 6, 2022
This morning's pre-market action is relatively quiet, which is welcome given the massive volatility of the last 2 trading days. Fear and caution seem to be prevailing, as the S&P500 futures are down -40 bps and Nasdaq futures are down -60 bps as of 7:00 a.m. By 8:55 a.m., things are even quieter with S&P500 Futures down -16 bps. Precious metals have cau…