As we warned last Friday, "bad" news is once again good news for markets...
Bonds, Bitcoin, Big-Tech, & Bullion Soar As 'Bad News' Is Good News Again https://t.co/f8I8HXs6tD
— zerohedge (@zerohedge) August 23, 2023
...and this 'bad news' cycle is a biggy - this has been the biggest 9-day decline in the US Macro Surprise Index since May 2022...
