“This Is Nuts!” – Stocks Explode Higher After Fabricated CPI Print
It would appear the algos missed the fact that BLS made it all up. For example…
what kinda bullshit is this? pic.twitter.com/AjXvhcpQnv
— HedgedIn (@noalpha_allbeta) March 10, 2021
A cooler than expected core CPI print (thanks to fabricated data) appears to have sparked a panic-bid in stocks…
With Nasdaq leading the mega-squeeze…
The dollar is getting dumped too…
The only response we got from multiple desks this morning was “This is nuts!” along with a few expletives.
What happens at the cash open?
Tyler Durden
Wed, 03/10/2021 – 09:14
“This Is Nuts!” – Stocks Explode Higher After Fabricated CPI Print
It would appear the algos missed the fact that BLS made it all up. For example…
what kinda bullshit is this? pic.twitter.com/AjXvhcpQnv
— HedgedIn (@noalpha_allbeta) March 10, 2021
A cooler than expected core CPI print (thanks to fabricated data) appears to have sparked a panic-bid in stocks…
With Nasdaq leading the mega-squeeze…
The dollar is getting dumped too…
The only response we got from multiple desks this morning was “This is nuts!” along with a few expletives.
What happens at the cash open?
Tyler Durden
Wed, 03/10/2021 – 09:14
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