Postcards: Punxsutawney Paul Strikes Again
It's just another day in a world where liquidity is rising and markets are shrugging off the inflation narrative ... again.
Market Update: The CPI number showed some underlying issues around services, but the markets were just happy that the odds of two rate cuts in 2024 didn’t fall to zero. This has pushed gold, Bitcoin, and copper to nosebleed levels while the rest of the market plays catchup.
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