Big data surprises have caught a heavily hedged investor base off guard.
Market observers said it's too soon to predict how the Fed may react to the latest inflation data.
The bank's model said there was a 40% probability of U.S. recession, down from 50% in June.
The dip-buying urge is evaporating, being replaced by demand for hedges.
Jaw-dropping data on consumer price increases drew instant reaction across Wall Street.
Investors are focused on one thing right now: capital preservation.
As Europe innovates, the U.S. appears no closer to an exchange-traded spot bitcoin product.
Investors are being shaken out of their dip-buying stupor.
Demand for market hedges is growing on Wall Street.
Stocks and bonds from Russia descended into freefall and activity was all but frozen in some corners of the market.
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