The Fresh Print of Wall Street
Updated
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.
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.
Note
CPI MoM 1.3...
there goes the neighborhood
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