I doubt it
1. SP was already smashed when they amended guidance.
2. Miners up overnight
3. Miners have taken it like a man over the past few weeks *ahem*
4. Real rates dropping like a stone
5. Even Blackrock buying TIPs now instead of trasuries they are so worried about inflation
The market will accept soon enough that inflation is not temporary and the boy will be happy
I doubt it 1. SP was already smashed when they amended guidance....
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