Stocks, Bonds, Gold Dump As ‘Good’ Jobs Data Spike Rate-Hike Expectations
A double whammy of better than expected jobs data this morning (just ignore the massive layoffs at Amazon etc) has sparked a hawkish reaction in the market’s expectations of Fed actions with the terminal rate now back above 5% – at pre-December-CPI levels…
https://www.zerohedge.com/markets/stocks-bonds-gold-dump-good-jobs-data-spike-rate-hike-expectations