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Sunday, January 29, 2023

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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?

This post was originally published on this site

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