Bonds & VIX Dumped, Bitcoin & Stocks Pumped As Stagflation Signals Soar
April 27, 2023 at 16:01 PM EDT
Ugly growth (GDP), uglier inflation (Core PCE), ugliest housing data (pending home sales), and ugliest-er manufacturing sentiment (KC Fed)… but hey, META beat so BTFD in Mega-Cap Tech… META is up 15% because their earnings dropped 20% but they mentioned AI 57 times. That helped Nasdaq extend its outperformance (best day since Feb 2nd). The […] Source
