Stocks, Bonds, & Bullion Dump As Rate-Cut Hopes Plunge Post-Payrolls
A hotter than expected payrolls print and re-acceleration in wage growth are not the recipe for a dovish Fed that so many had banked on in theĀ last two months of 2023.
And so , the rate-cut hype is eviscerated.
March odds plunged…
And 2024 expectations are tanking…
Stocks tumbled…
Bond yields spiked…
And gold dropped (as the dollar rallied)…
Did goldilocks just die?
Tyler Durden
Fri, 01/05/2024 – 08:49
