A session for strong hearts. Seeing the Nasdaq lose nearly 6% and the largest S&P 500 retreat more than 4% in one fell swoop (worst session of the year) has a certain effect. And it happened yesterday on a day that saw sales unravel all the time with a further acceleration in the finale. All while the letter also hit the bond market with yields on 2-year government bonds soaring over 3.7%. US inflation data for August …
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