S&P 500 Declines Sharply After PPI Data Release

S&P 500

PPI and core PPI came above expectations, fuelling a sharp S&P 500 decline upon the data release. Similarly to yesterday though, the market reaction isn‘t unequivocal as neither USD nor yields are correspondingly up. Real assets aren‘t tanking either, not even the 3m Treasury yield has moved much. And that leads me to think the […]