Big-Tech, Bitcoin, & Bullion Best January In Decades; Yield Curve Crashes To Record Inversion

January saw the return of the “QE trade”… or more appropriately, a de-hawking of The Fed as the narrative rapidly shifted from hyped-inflation and growth scares to ‘soft landing’ and Fed-Pause/Pivot… and everything’s awesome. Overall January saw macro surprise data flat in January as ‘soft’ survey data tumbled (along with weaker ‘hard’ industrial data) but […] Source