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- Watch Live: Cuomo Holds First Press Briefing Since COVID Coverup Exposed Watch Live: Cuomo Holds First Press Briefing Since COVID Coverup Exposed Gov. Andrew Cuomo is holding a press briefing, where he will presumably be asked about the growing backlash over his handling of COVID-19 pandemic era policy, especially surrounding how hospitals were tasked with handling patients from long-term care facilities.…
- Stocks Slammed As Yield Surge Spoils TINA Party Stocks Slammed As Yield Surge Spoils TINA Party If there's one thing that spoils the 'There Is No Alternative" party for buying 'stonks', it's soaring interest rates offering a potential alternative, This morning has seen 10Y yields spike up to 1.29%... Source: Bloomberg Sending bonds to their cheapest (relative to…
- Treasury Yields Spike As Chaos Reigns At Equity Open, TSLA Tumbles Treasury Yields Spike As Chaos Reigns At Equity Open, TSLA Tumbles It would appear the machines cannot make their minds up this morning as what was an ugly open for Small Caps and Big Tech is now morphing into a panic bid and aggressive buying in the Dow is now…
- JPMorgan: Investors Have Been Asking Questions About The Potential For Hyperinflation JPMorgan: Investors Have Been Asking Questions About The Potential For Hyperinflation The following excerpts from today's JPMorgan Market Intelligence report (Afternoon Briefing) from JPM's Andrew Tyler: EQUITY AND MACRO NARRATIVE: The CPI print today may assuage some of the building anxiety regarding inflation. While the reflation trade is approaching consensus…
- Microwaved Markets Microwaved Markets By Michael Every of Rabobank The January Chinese CPI print came in weaker than expected, dipping back into deflationary territory y/y, though PPI was up from -0.4% to the heady heights of 0.3% y/y, which for ‘build it and they will come’ China is quite rare. Clearly though,…