Spicing Things Up.
Markets seem to have firmly seized onto the hope that we are now close to 1) peak inflation, 2) peak Fed hawkishness and, as a result of the first two, 3) peak US dollar strength. The result was a very solid week for most stocks (with the occasional notable exception, like SNAP which collapsed nearly 40% on Friday alone after terrible sales growth numbers).
But hope combined with some favorable readings from some frankly second-tier data points isn’t usually enough to cause such a substantial bounce (or at least the most substantial one we’ve seen in a few months). However, this particular…
The skinny
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