Dow – Longest Losing Streak In 99 Years
Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid US Macro Surprise data slumped for the 5th straight week, back into negative territory at its weakest weekly close since Nov 2021… Source: Bloomberg China ‘stimulus’ (cutting only 5Y prime rates) overnight offered some hope against the relentless tightening of financial conditions by The Fed and that buoyed stocks ahead of the open (and OpEx). But that all ended after the cash open (OpEx) and what had been a relatively…
