🏭 ISM Thursday: the 10-year is the market 📊 Tomorrow at 10:00 AM ET, the September ISM Manufacturing PMI drops — consensus 55.0 vs 54.6 prior — and it lands o

🏭 ISM Thursday: the 10-year is the market 📊 Tomorrow at 10:00 AM ET, the September ISM Manufacturing PMI drops — consensus 55.0 vs 54.6 prior — and it lands on a tape already priced for perfection. Yesterday's cool PCE (+0.2% MoM) sparked a classic rotation: megacap tech and semis green, defensive…