Mind The Tape

Mind The Tape

The Fed Almost Always Loses Inflation Battles

But this time is different™️

Alex Corrino's avatar
Alex Corrino
Jun 02, 2024
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Last week was an unusual one with a surprising amount of volatility for a week where the VIX closes in the 12 handle.

I don’t think there was a lot of signal in the PA, with it having to do more with end-of-month strangeness than any fundamentals of this market. In fact, the fundamental data we got was fairly bullish, with GDP coming in a touch under exp…

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