Wednesday, 10 March 2021 14:19

"This Is Nuts!" - Stocks Explode Higher After Fabricated CPI Print

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"This Is Nuts!" - Stocks Explode Higher After Fabricated CPI Print

It would appear the algos missed the fact that BLS made it all up. For example...

what kinda bullshit is this? pic.twitter.com/AjXvhcpQnv

— HedgedIn (@noalpha_allbeta) March 10, 2021

A cooler than expected core CPI print (thanks to fabricated data) appears to have sparked a panic-bid in stocks...

With Nasdaq leading the mega-squeeze...

The dollar is getting dumped too...

The only response we got from multiple desks this morning was "This is nuts!" along with a few expletives.

What happens at the cash open?...

Tyler Durden Wed, 03/10/2021 - 09:14

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