Thoughts on the latest ISM Services print and its ripple effect

That ISM Services number certainly caught a few off guard, didn't it? The market seemed to interpret it as a green light for more hawkishness, pushing yields up and causing a bit of a wobble in growth names. I'm keeping a close eye on how this translates into the upcoming CPI data; if the services inflation component remains sticky, then the 'higher for longer' narrative gets another shot in the arm. My watchlist is tilting a bit more towards value plays and companies with strong cash flow generation rather than high-growth, high-multiple names that are more susceptible to rate hikes. Also, watching $AIQ, which has pulled back significantly today (currently around 61.85), but I'm not convinced it's found a floor yet if the broader tech correction gains steam. It's always fun when the data throws a wrench in the widely accepted narrative; keeps us on our toes.