​Bitcoin, Big-Tech, & Bond Yields Blow-Out After CPI Resurgence – Tyler Durden

Bitcoin, Big-Tech, & Bond Yields Blow-Out After CPI Resurgence While this morning’s CPI all printed in line with expectations, it is clear that the narrative that “inflation is headed in the right direction” is on increasingly shaky grounds… Source: Bloomberg Disinflation has stalled in the core goods sector… “October’s CPI report contains no information that would discourage the FOMC from cutting rates again at the December meeting. Still, we see risks that the key outstanding information for the Fed’s preferred core PCE deflator – medical and financial services in the Producer Price Index, due Nov. 14 – may run hot…  — Continue at ZeroHedge News : Read More