Bears disARM’d: Stocks, Yields, Crypto, & Crude Jump As Inflation Expectations Soar
September 14, 2023 at 16:00 PM EDT
Hot jobless claims, hotter retail sales, and hottest PPI made for an exciting “is good news, bad news?” confusion in markets early on before bonds took charge with yields deciding on ‘growth’ and shooting higher along with stocks (which decided to ignore the higher rates). The dollar and bitcoin also rallied. Crucially, however, the market’s […] Source
