Precious Metals Pummeled To End Big Week; Stocks Stabilize But Still Down Post-Trump Trade-Tantrum
Sentiment showed signs of stabilizing today as funding fears did not repeat, there were no surprises/cockroaches from the regional bank/private credit side, and some dialed back rhetoric on trade talks.
This 'easing' of fears provided some support for stocks (and crypto) but prompted selling in safe-haven bonds and bullion.
Just remember, today's OpEx saw a big 'unclench' of Gamma
