Main Events:
All three U.S. inflation indices fell much worse than forecast. The signal is bearish, but the market is greedy for buying.
Beijing will support the creation of its own ChatGPT counterparts. AI made in China.
Tesla fires employees who want to unionize. Musk doesn't like anyone else influencing the business.
Summary:
To put the brakes on the buyers, the Fed had to explicitly announce the possibility of a 50bp rate hike. But it didn't last long...
Quotes:
S&P 500 - 4,079 (↓0.42%)
gold - $1,841 (↓1.22%)
Oil Brent - $83.00 (↓4.24%)
USD INDEX - $103.88 (↑0.33%)
