Soft CPI, Soaring SOXS, & Cease-Ceasefire Trigger More Market Turmoil; Bullion Battered
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Tl;dr: A somewhat cooler than expected Core CPI supported a rebound in stocks as they shrugged off rising oil prices (amid increased rhetorical and kinetic action in Iran) but just like yesterday we saw SOXS surge around 1030ET and down went stocks. Bitcoin managed some gains today but gold was clubbed like a baby seal (liquidity needs?) even as the dollar and bonds went nowhere.
1430ET - Margin call time... saw bitcoin, bonds, and bullion sold (liquidity) and stocks leg lower...
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