Stocks & Gold Spike After CPI Miss, Dollar Nosedives The first miss for CPI since October has sparked some brief 'ding-dong-the-taper-is-dead' euphoria in stocks this morning... And sent the dollar down hard... Which in turn sparked a wave of buying on gold, pushing futures back above $1800.... And while stocks are surging, so are bonds with 10Y Yields now down for the day Is The Fed going to taper because of inflation - which it always viewed as transitory - or is an ever higher stock market's fragility be the trigger? Trade accordingly. Tyler Durden Tue, 09/14/2021 - 09:02