“Good” News Is Bad Again? Commodity Carnage Continues Post-Payrolls

from Zero Hedge

It appears Goldman clients are once again taking a bath. Having proposed that with monetary concerns temporarily sidelined, “good news should be good news for risky assets,” today’s better-than-expected jobs print (following China’s better than expected PMIs) has sent stocks lower, bonds higher, and crack gold and oil…

Stronger USD has sent commodities reeling…

[…] Extending overnight losses from China’s “Good” news…

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