Update: Well that didn't take long to entirely reverse course... Stocks still down but so are bonds and gold now... Dollar up...
[4]
It appears bad news is not great news when it comes to GDP. Having missed consensus by a mile, GDP's weakness has sparked a more 'normal' reaction across asset classes for now. Weakness in the dollar and stocks along with bond yields tumbling (10Y back under 2.00%) and strength in precioius metals. Crude is uncaring for now.
After missing GDP expectations by a mile...
[5]
The reaction is not positive...
[6]
Charts: bloomberg
