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**__ Diplomatt’s Daily Digest – June 7, 2022__**
Good morning and happy Tuesday, everyone! The rebound was short lived as Stock futures declined early Tuesday morning after a meek day of trading as investors await key inflation data due out later in the week. Sentiment was largely muted Monday, with no U.S. economic data releases and a quiet Federal Reserve in its blackout period. There were also no earnings reports for major companies. It seems like investors are still assessing whether the recent bounce in stocks is a bear market rally or has the market reached a bottom from this year’s sell-off. Investors are still following what is a lighter week in company earnings. J.M. Smucker, United Natural Foods and Cracker Barrel are all slated to report before the bell on Tuesday. On the crypto front, there is bipartisan legislation that has been introduced in the US Senate. I will be conducitng a bill analysis of this for you all this week.

Quote of the week: „If you really look closely, most overnight successes took a long time.“ – Steve Jobs

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