3/20buyer on Nostr: So the reaction to the strong labor market + CPI release basically pushed rate cuts ...

So the reaction to the strong labor market + CPI release basically pushed rate cuts further back and the yield curve is now steepening.
(Theoretically means that the economy is healthy until proven otherwise)

I would rather have risk assets rally due to a healthy economy rather then rally due to “potential rate cuts” in the future.

TLDR: #bitcoin wins