FAST FIVE: Stocks, Bonds, Bitcoin, & Bullion Jump As Dollar Dumps

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Source: Bloomberg Financial Conditions 'eased' as yields and the USD fell.

reducing the pressure on Powell to go full 'Bank of England'.

Source: Bloomberg The dollar dumped back to 10-day lows – falling 5 days in a row and the biggest 5-day drop since March 2020.

Source: Bloomberg The difference this time: raging inflation and Fed credibility literally on its last legs.

And don't forget it's not just The Fed that is reducing its balance sheet.

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