📊 FRIDAY 7AM ET. MICHIGAN PRELIM. Thread. 🧵 NUMBER 🎯 47.6 vs 48.1. Street expects a dip. TRIGGER 🔑 Not the headline. Inflation expectations. WEAK 🟢 < 47.6.

📊 FRIDAY 7AM ET. MICHIGAN PRELIM. Thread. 🧵 NUMBER 🎯 47.6 vs 48.1. Street expects a dip. TRIGGER 🔑 Not the headline. Inflation expectations. WEAK 🟢 < 47.6. Cut hopes. SPX/QQQ bid. INLINE ⚪ 47.6-48.1. Noise. Headlines rule. STRONG 🔴 48.1. Yields up. Multiples down. ASYMMETRY ⚖️ Hot hurts more t…