
‘Peak Inflation’ For The Win
For the second month in a row, US consumer prices rose less than expected, emboldening bets that inf

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It’s still early-ish, but it looks like markets are remaining well behaved. Feels like a warm blanket made out of 1200 thread count gamma is wrapping things in a tight embrace.
I’ve been elsewhere all day today. All I’ve seen today is people who believe inflation is OVER.
More than half of them actually believe the Fed will announce they are REDUCING rates tomorrow.
Well, come on over baby
Whole lotta crazy goin’ on
Come on over baby
Whole lotta irrational exuberance goin’ on
We ain’t fakin’
Whole lot of crazy goin’ on
H-Man, Euphoria turned into reality. A cool print juiced the market early but then reality that a 7% print is not nirvana.