How did Italy get into this mess?

The improved fundamentals and widening growth opportunities across the broader U.S. energy complex have enhanced the resilience of this once scorned sector.

The entrenched nature of inflation, including high wages, fierce services spending, increased input costs and supply chain issues, expectations for rate cuts are likely to fade as the potential for another Fed rate increase becomes more likely.

Markets are pumping aggressively this morning as investors pray that the Fed follows its counterpart north of the border in cutting rates.