In this morning's edition of the MPC Markets Morning Call,Mark Gardner discusses the current state of investor optimism driven by a potential US-China trade deal and expectations of rate cuts. He highlights the positive sentiment in the markets, the implications of CPI numbers, and theupcoming corporate earnings reports. However, he also cautions about the risks associated with high inflation and the potential for a government shutdown to impact the economy. The conversation wraps up with a brief overview ofcommodity performance and a cautious outlook for the markets.

Takeaways

Investor optimism is high due to trade deal progress.

CPI numbers are influencing market sentiment positively.

3% inflation is still a concern despite market optimism.

Trade deals typically take years to finalize.

Current market rally is one of the best seen in six months.

Upcoming corporate earnings will impact market direction.

Government shutdown could affect economic data and sentiment.

Commodities like copper are showing strong performance.

Bitcoin is making a comeback in the market.

Overall market sentiment is optimistic but requires caution.