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Nasdaq Soars To Best Start Since 1975 After Jay & Jobs Outperform

This week saw the biggest spike in macro surprise data since June 2020 (thanks to a ridiculous outlier payrolls print and a shocking surprise surge in ISM Services)… Source: Bloomberg And today’s “good” news sparked an aggressively hawkish response in STIRs with the terminal rate spiking up to 5.00% and rate-cut expectations sliding (after Powell’s […] Source
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