Inflation Blinked. Tech Rallied. Debt Picked Up the Tab.
A flat PPI sent the S&P 500 to a record, while a 5.22% Treasury auction, a $500 billion AI financing machine and record diesel margins made the celebration considerably less comfortable. Wall Street received three little gifts Thursday: a flat producer-inflation report, falling Treasury yields and permission to buy technology again. It did not waste […]
Inflation Blinked. Tech Rallied. Debt Picked Up the Tab. Read More ยป