Oil & Gold Soar On Week, But 'Good Data' Wrecks Rate-Cut Hopes, Slamming Stocks & Bonds It was a 'good' week for macro data Source: Bloomberg but 'soft' survey data remains mired in depression as the 'aggregate' hard data holds strong Source: Bloomberg Of course, good news is bad news for the doves and rate-cut expectations for 2024 are down (particularly after today's big payrolls headline beat) well below three cuts expected by the 'median' Fed dot Source: Bloomberg ... Read this story
