Post
Hassan Imtiaz
Why is everything dumping today?
Almost $1.3 Trillion has been wiped out from the stocks, metals, and crypto in just 2 hours
Key reasons:
1. US CPI hits a 4-month high, while the Core CPI hits a 3-month high
2. October rate hike odds jumped to 51.3%
3. DXY spiked to its highest level in 18 months
3. US 5Y bond yield hits a 19-year high
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Today’s market buzz
1#USJobsBeatExpectations
2#ChipStocksFallOver12%
3#USCongressIranOutlook
