Stocks, Bonds, & Gold Surge As Rate-Hike Odds Tumble After CPI Decline

January 12, 2023   |   Tags:
Stocks, Bonds, & Gold Surge As Rate-Hike Odds Tumble After CPI Decline

Despite soaring Services inflation, rate-hike expectations are falling after the headline and core CPI print as expected...

And after an initially disappointing drop, US equities are spiking higher...

Update - Stocks reversing now...

Treasury yields are tumbling...

Dollar weakness is accelerating...

And gold topped $1900...

Cue the hawkish FedSpeak to jawbone financial conditions back from Jackson Hole lows...

Is this the "unwarranted" easing The Fed warned about?

Tyler Durden Thu, 01/12/2023 - 09:11


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