06-10-2024 Is Data "Tutti" or "Fruiti"?

-------------------------

“Little Richard, what about the data-sensitive market?” Tutti Frutti, go uppie. Tutti frutti, go downie. Tutti Frutti, go uppie.

How many angels can dance on the head of a pin? About half. Yet traders keep dancing with every datum as if it changes the world while keeping prices within tightening ranges. Their dancing matters since no one knows the grain of sand that moves the pile. With healthy two-way flows and rigorous debate over the direction of long-term rates, each newly revealed datum shifts within a range, like Friday’s Jobs.

So, Little Richard, tell us again about a data-sensitivity market.

Tutti Frutti, go uppie, Awop-bop-a-loo-mop, alop bom bom

---------------------

Song: Tutti Fruitti (1955) Little Richard

https://www.youtube.com/watch?v=F13JNjpNW6c