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Glean Philips
Glean Philips
Why is everything dumping today? Almost $1.3 Trillion has been wiped out from the stocks, metals, and crypto in just 2 hours. Key reasons: 1. US CPI hits a 4-month high, while the Core CPI hits a 3-month high. 2. October rate hike odds jumped to 51.3%. 3. DXY spiked to its highest level in 18 months. 3. US 5Y bond yield hits a 19-year high.

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