Massive Short-Squeeze Sparks Surge In Stocks Despite Hawkish Shift In Rates

US Macro data surprised to the upside this week (the biggest weekly jump in the macro surprise index since August 2022) helping lift global macro notably higher, sparking hopes for a ‘soft landing‘ (or no landing?)… Source: Bloomberg Digging into the data, it is very much the Labor market that is holding up the macro […] Source