​Bullion, Bitcoin, & Black Gold Battered But Sanguine CPI Slams Leaves Stocks & Bonds Confused – Tyler Durden

Bullion, Bitcoin, & Black Gold Battered But Sanguine CPI Slams Leaves Stocks & Bonds Confused Inflation ‘surprise’ data continues to drift back lower (at February lows after this morning’s CPI) but more problematically macro growth ‘surprise’ data is hovering near COVID lockdown lows… Source: Bloomberg …and it is that potential growth scare that is dominating traders’ minds as they reduce rate-cut expectations… Source: Bloomberg Markets are confused… … Small Caps up, Dow down; Short-end of yield curve higher in yield, long-end lower; dollar flat as rate expectations slide; growthy Mag7 stocks rally while growthy commodities tumble… Source: Bloomberg …and gold…  — Continue at ZeroHedge News : Read More