Gold Hammered As Short-Squeeze Saves Stocks Ahead Of Micro/Macro Storm This Week
by Zero Hedge
Zero Hedge— Gold Hammered As Short-Squeeze Saves Stocks Ahead Of Micro/Macro Storm This Week The "calm before the storm" of earnings and big macro this week (and no WW3 this weekend) was all the algos needed to ramp stocks during the US cash session after being reminded that the buyback-blackout period is almost over And S&P HOD as algos start frontrunning the buybacks https://t.co/DfjpdZO1pS — zerohedge (@zerohedge) April 22, 2024 Stocks had fallen from up around 0.6% at the cash open to...
Zero Hedge—Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth. Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week Source: Bloomberg and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows Source: Bloomberg pushing yields higher across the board (led by the long-end) Source: Bloomberg But, stocks...
Kiplinger—Stock Market Today: Markets Rebound Ahead of Big Week for Earnings. Equities rallied on easing geopolitical tensions, upcoming quarterly results.
NBC News—Florida abortion clinics squeeze in as many patients as possible ahead of 6-week ban. JACKSONVILLE, Fla. — Abortion clinics in Florida say they have been trying to see as many patients as possible before the state's ban on abortions after six weeks takes effect Wednesday. In Jacksonville, a clinic called A Woman’s Choice provided around double its usual volume of abortions Monday, according to Amber Gavin, its vice president of advocacy and operations. The waiting room has been so crowded that patients' companions were asked to stay in their cars or drop people off to free up...