​Stocks Up, Yields Up, Dollar Up, China Down As Hawkish Minutes Hit Ahead Of CPI – Tyler Durden

Stocks Up, Yields Up, Dollar Up, China Down As Hawkish Minutes Hit Ahead Of CPI Despite the threat of CPI hovering over the vol markets… Source: Bloomberg …and notably hawkish minutes from The Fed (more divided over the scale of cuts than previously thought), which dragged rate-cut expectations lower still… Source: Bloomberg The Dow outperformed but the Nasdaq and S&P were solid performers as Small Caps gave back early gains… S&P 500 hit another all-time intraday record high today and is now experiencing the strongest YTD performance of the 21st century… The US ain’t cheap!! Source: Bloomberg Still not cheap……  — Continue at ZeroHedge News : Read More