BTCC
/
BTCC Square
/
yahoofinance
/
š„ Dow, S&P 500, Nasdaq Stumble as PPI Inflation Ignites Hotter Than Forecasted
š„ Dow, S&P 500, Nasdaq Stumble as PPI Inflation Ignites Hotter Than Forecasted
9
3
Markets got burned by inflation againāPPI data just roasted expectations, sending indices into a volatility tailspin.
Wall Street's inflation indigestion
Traders choked on the hottest PPI print in months, with all three major indices flip-flopping between gains and losses. The 'transitory' inflation crowd? Suddenly very quiet.
When traditional markets sneeze, crypto catches a coldābut Bitcoin maximalists are already crowing about sound money principles. Meanwhile, your 401(k) just did the Macarena.
Bonus jab: Another day, another 'unexpected' inflation surprise. Maybe economists should try reading grocery receipts instead of models.
By:
