​Stagflation Signal Stalls Stocks; Sparks Gold Gains – Tyler Durden

Stagflation Signal Stalls Stocks; Sparks Gold Gains Hotter than expected CPI (as food costs reignite) and ugly jobless claims data (somewhat affected by Hurricane Helene) signal stagflationary pressures may be returning… Source: Bloomberg …sparked some initial chaos across asset classes, pushing rate-cut expectations lower (hawkish) for 2024 but higher (dovish) for 2025… Source: Bloomberg Stocks ended lower (with Small Caps the biggest loser) despite a late-day panic-bid into the close… NVDA is holding it all together… As VIX increased (now dramatically decoupled from stocks) ahead of tonight’s TSLA robotaxi event, and tomorrow’s PPI and the beginning of earnings season… Source:…  — Continue at ZeroHedge News : Read More