{"id":1476707,"date":"2024-07-11T13:17:23","date_gmt":"2024-07-11T17:17:23","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1476707"},"modified":"2024-07-11T13:17:23","modified_gmt":"2024-07-11T17:17:23","slug":"surveying-the-post-cpi-market-carnage","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/surveying-the-post-cpi-market-carnage\/1476707\/","title":{"rendered":"Surveying The Post-CPI Market Carnage&#8230;"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Surveying The Post-CPI Market Carnage&#8230;<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>First things first,<strong> rate cut expectations are soaring<\/strong> after the deflationary CPI print&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm5CC4_2.jpg?itok=RZQB8JyC\"><\/a><\/p>\n<p>July rate cut expectation remain subdued though for now&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm3797_0.jpg?itok=XEdk9fRA\"><\/a><\/p>\n<p>Which smashed<strong> Treasury yields lower, led by the short-end<\/strong>&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmB45F.jpg?itok=q4gBuH-e\"><\/a><\/p>\n<p>Which initial sent stock prices higher but all the majors are now back to <strong>unchanged<\/strong>&#8230; apart from the<strong> silly shit happening in Small Caps<\/strong>&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2024-07-11_06-08-45.jpg?itok=B8hcqUPV\"><\/a><\/p>\n<p><strong>Gold soared<\/strong> above $2400&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm3F94.jpg?itok=KsbDVW6E\"><\/a><\/p>\n<p>The Dollar Index puked as <strong>JPY shot higher<\/strong> (USDJPY crashed)&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm8D72.jpg?itok=1dnRU0Jj\"><\/a><\/p>\n<p>Surprisingly Crude prices are unimpressed for now. Bitcoin briefly rallied back above $59,000.<\/p>\n<p>Long way to go fdor now but for sure the most notable aspect is the <strong>equity market&#8217;s lack of enthusiasm<\/strong> in anything but the dash for trash.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/credittrader\" class=\"username\">credittrader<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 07\/11\/2024 &#8211; 09:17<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/surveying-post-cpi-market-carnage-0\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/markets\/surveying-post-cpi-market-carnage-0<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surveying The Post-CPI Market Carnage&#8230; First things first, rate cut expectations are soaring after the deflationary CPI print&#8230; July rate cut expectation remain subdued though&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1476708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1476707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6c9R","jetpack_featured_media_url":"https:\/\/bugaluu.com\/news\/wp-content\/uploads\/sites\/3\/2024\/07\/bfm5CC4_2-A6jHpb.jpeg","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1476707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1476707"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1476707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1476708"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1476707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1476707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1476707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}