Trump-nado & Inflation-Scare Spark Sell-Off In Bitcoin, Bonds, & Big-Tech

Today's market chaos was brought to you by strong eco data (ISM Services headline and JOLTS), a scary Prices Paid print (two year high), and the return of Trump press conference-driven vol.

Strong ISM Services data was ignored in favor of the yuuge spike in Prices Paid (near two year highs). Along with a solid JOLTS print (Trump optimism), this sent rate-cut odds reeling lower and bond yields higher, triggering stocks to drop.