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Bitcoin, Bullion, & 'Biggest Shorts' Blast Higher To End 'Bad Data' Week
Goldilocks it wasn't... as inflation macro data surprised to the upside and growth macro data to the downside (we love the smell of stagflation in the morning)... chart ... but that didn't stop stocks soaring for the fifth straight week, with Small Caps exploding higher today (back into the green for the week)... chart ...as "most shorted" stocks saw a massive squeeze higher today... chart Of course, a market wrap would not be complete without discussing the shitshow in Shanghai as Chinese stocks witnessed the greatest volatility since their meltdown in 2015, capping almost $500 billion of combined losses in ... (full story)