Macro-Mania Sparks Momo Massacre, Meme Meltup, Bonds & Bullion Breakdown

A maniacal week of mixed macro - hot inflation (CPI mixed, PPI hot), weak sentiment (Umich, Small Biz), solid retail sales (including revisions), upbeat industrial production (YoY), and strong jobs data (claims) - combined with the biggest August OpEx ever, sparked some chaos across markets amid low liquidity summer markets...