Bonds, Bitcoin, Big-Tech, & Bullion Soar As ‘Bad News’ Is Good News Again
August 23, 2023 at 16:00 PM EDT
It’s been an ugly couple of days for micro- and macro- data in the US (and globally) as retailers signal a far more-stressed American consumer than the market would like to believe, and global PMIs scream stagflation with ‘sticky’ prices rebounding as new orders tumble and the false optimism of the Services sectors’ rebounds evaporates […] Source