Bonds & Big-Tech Battered As Inflation Fears Trump Payrolls Hope
The trend of weaker ‘hard’ data and hope-filled ‘soft’ data stalled a little this week as the latter failed to improve…
Source: Bloomberg
But the big theme of the week was ‘inflation’ appearing to be stickier than many ‘soft landing’ narratives had accounted for which pushed Fed rate expectations higher on the week (erasing the dovish response to last week’s payrolls)
Source: Bloomberg
For the first time since December, the Nasdaq is down for two straight weeks as the smell of fear wafts across the AI-bubble-buyers. The Dow managed gains on the week but S&P and Small Caps joined big tech in the red on the week…
NVDA was the big loser, down over 8% on the week (its biggest weekly loss since Sept 2022… right on schedule…
Source: Bloomberg
‘Most Shorted’ stocks tumbled for the 2nd straight week, as all squeeze attempts were foiled by selling pressure as the index shifted to negative gamma. In fact, the most-shorted basket is down for 8 of the last 9 days…
Source: Bloomberg
SpotGamma’s Gamma Tilt index is decidedly negative…
A chaotic week across markets left VIX lower but VVIX still in the danger zone around 100…
Source: Bloomberg
Treasury yields were up across the curve with the bally underperforming…
Source: Bloomberg
However, extending that a little, we see that bonds have basically roundtripped from before last Friday’s payrolls
Source: Bloomberg
The dollar ended higher on the week, as CPI/PPI sparked USD-buying, erasing the post-payrolls drop…
Source: Bloomberg
Crypto was relatively quiet once again with Bitcoin chopping around the $29-30k range. Solana outperformed…
Source: Bloomberg
Gold and Silver were the week’s biggest losers in commodity-land as NatGas soared. Crude was flat and copper slightly lower…
Source: Bloomberg
Finally, we noted that spec positioning on US equity futures vs. intermediate sector UST futures is about to take out all time highs…
…and US equities are excitedly divergent from Fed bank reserves…
What could possibly go wrong?
Tyler Durden Fri, 08/11/2023 – 16:00
Source: https://freedombunker.com/2023/08/11/bonds-big-tech-battered-as-inflation-fears-trump-payrolls-hope/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,640,736,461 |
| Stories: | 8,252,460 |
Whistler Blowers, Insiders
