​Big-Tech & Bullion Battered, Bitcoin Bid As ‘Goldilocks’ Narrative Collapses – Tyler Durden

Big-Tech & Bullion Battered, Bitcoin Bid As ‘Goldilocks’ Narrative Collapses ‘Good news’ was definitely ‘bad news’ this week as US macro data generally surprised positively… Source: Bloomberg …with both growth and inflation surprises soaring… Source: Bloomberg Not exactly the kind of data that supports a dovish Fed and the market has notably reduced its expectations for rate-cuts… Source: Bloomberg Interestingly, the ‘Trump Trade’ actually survived pretty well this week (Republican policy basket vs Democratic policy basket)… Source: Bloomberg But, Powell’s comments were a giant rug-pull for the market over all with all the US majors having a horrible week… …Nasdaq’s…  — Continue at ZeroHedge News : Read More