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CPI Sends Tech Stocks, Retail Banks, the Russell, and Bonds Flying - Your Evening Play
In last week's video I highlighted the rally reversal in bonds and tech stocks and one week later, we see that same play continuing - and extending - to new 52 week highs in market-cap leading tech stocks including MSFT, META, AMZN and others. In tonight's video, we pinpoint the CPI inflation data and how it helped extend the fall in TNX (10 Year Treasury Note Yields), while boosting tech, regional banks (KRE), the Russell 2000 (IWM), and bonds (TLT and others) much higher....
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