TMTB Morning Wrap

Good morning. QQQs +5bps. JPM increasing their recession odds to 35% (from 25%). Weekly claims at 9:30am. BTC +4%, after Ripple was ordered by a US court to pay a $125mm penalty, significantly less than what the SEC wanted. Yields ticking down slightly. China +1%. We get TTD, AKAM, TTWO, EXPE post-close to help us wrap up earnings season (thankfully…