Now, this is a story all about how My rates got flipped-turned upside down And I'd like to take a minute Just sit right there I'll tell you how I became the fresh print of a town called Wall Street
In West Chicago born and raised On the bond market was where I spent most of my days Chillin' out, maxin', relaxin', all cool And all buying' some spreads outside of a broker When a couple of guys who were up to no good Started shorting bonds around my neighborhood I got in one little inversion and my investors got scared They said, "You're movin' with your crypto and equities in Wall Street"
...
June CPI is upon us.
The question on everyones mind Is has Inflation peaked?
Based on June sell offs in Bonds, Crypto, Equities, Oil and other Commodities it's a pretty good sign that inflation will beat expectations tomorrow and come in lower.
Tomorrow also brings a window of weakness when VANNA and CHARM flows take a hiatus.
Setting up short term squeezes on tech names like AAPL
Regardless of direction, I think tomorrow will have some wild swings.
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