Another Day, Another Short-Squeeze For Stocks; Yield Curve Yells ‘Recession’

It’s like deja vu all over again… For the second day in a row, US macro data disappointed notably (Housing data today was not good at all). That is the biggest 2-day decline the index since Jan 2022… Source: Bloomberg And for the third day in a row, none of that mattered as the algos […] Source