06112021 :: Friday finance

A partial digest

Philip Valenta, MSF
HedgeHound
Published in
7 min readJun 19, 2021

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Which market didn’t seem to care about the big bad “inflation” wolf? US Treasuries. Yields have been falling as if because of the latest CPI data, 5% YoY.

In turn, the NASDAQ and similar gained for the week ending June 11, while gold fell. It is possible that, (gasp!), the Fed might be taken seriously after all regarding the assessment that high inflation figures…

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