Despite Big Bounce, Banks & Crude End Week Down Hard; Gold At Record Highs
May 05, 2023 at 16:00 PM EDT
An odd week of data that ‘surprised’ in its convenience: Housing data – awesome? Labor data – awesome? Personal/Household data – sucks balls! Source: Bloomberg Talking of convenient – after a mass media narrative focus that the banking crisis is not real but is all due to short-sellers, today saw (guess what) a gigantic short-squeeze […] Source