The 5% revisit by 30s has that "kiss and goodbye" look
They say nothing good happens below the 200 day moving average. Let's see if that's true for silver
Turnaround Sunday Night
$WBD looking juicy under $27
5s up 9 ticks from overnight lows as yields north of 4.30 brought out the buyers. No clear sailing just yet though with supply and key inflation prints on deck this week.
Silver back below $70. The backside of a parabolic move is painful
BTC back below 60K and pizza guy back smiling for first time in years
Tomorrow's CPI headlines are likely to be discouraging. But my new post argues we should look under the headline at the distribution of inflation. So far, the heat is in the tails — narrow categories, not broad-based. Worth a watchful eye.
stayathomemacro.substack.com/p/inflation-...
May CPI projection-slash-forecasts: Another hot headline print due to the war, but a milder core
