Are You Not Entertained?
This morning, Mr. Market looked like the corpse of Sonny Corleone on Amerigo Bonasera's table. Then, all of the sudden, stuff started turning green.
So yesterday we get the 9.1% CPI print pre-market. That announcement was followed by a gap down open and dip buying most of the day despite the negative action into the close. Then today we get a bad start to earnings season with JP Morgan suspending share buybacks pre-market. What followed was another gap down and utter calamity in all markets not name…
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