#Inflation - induced by 🚁💰direct from Uncle Sam to businesses (PPP) and individuals (UBI) and monetized by the Fed - dominates the market zeitgeist right now.
Causing dislocations and volatility, fear of #QT is creating opportunities
Participants 🤮 yesterday and the $SPX hammered out a near-term bottom after another 2 STD move, giving you an opportunity to load up on #quad4 longs. Take advantage?
Have a super profitable 💰 day.
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@hedgeye calls it #Quad2 reflation, but I rather prefer @jam_croissant’s colorful description of “endless gamma squeezes” oh so reminiscent of 🎉🍾🥳 like it’s 1999!
Let’s dig into the macro 🧮 for the week
2/15
A 🕊 #FOMC on Wednesday and a 💪🏼 #NFP report on Friday with underlying wage #inflation of 4.9% y/y was enough to ignite a rally in the $UST market ↗️
WTF, you say?
3/15
Indeed, the MOVE 66.30 ↘️ from 78.34 on Tuesday as the 10/2s curve remained 🥞 at 105