Remember When Inflation Was Scary and Bitcoin Exciting?
There seems to be a sea change under way. Plus, two-year bond yields have slipped back below 5%, and we’ll soon know about earnings.
Recent Bitcoin 2023 conference in Miami Beach, Florida.
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More great news for those who hate inflation. The day after the US Consumer Price Index came in below expectations, producer prices performed the same trick. Indeed, if measured by the traditional method of tracking finished goods, PPI in the US has gone negative: