CPI preview, uninverted yield curve, oil to zero, and looking ahead the next few weeks

Should we buy this dip?

Thankfully that was only a four day week. This past week (and likely the next few) was all driven by macro. The 2year is selling off as if we are at major risk of seeing deflation, oil is selling off like we’re heading into a year plus recession, and the dollar is struggling to bounce, which is making the situation worse.

Let’s start with the 2 year and…