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China has lashed out at the United States after congressmen told TikTok it may be shut down if it fails to break away from its Chinese parent company.
Small caps & growth stocks out, utilities & energy in after surprise inflation reading plunges US equity markets.
The pound has jumped after US inflation fell more sharply than expected last month raising hopes that interest rates in America will begin to fall early next year.
The US markets reopened after an extended holiday weekend Tuesday, and risk aversion seemed to immediately catch with the Dow presenting a key break and the VIX soaring
There is potential for interest rate expectations to climb even further, but the Dollar is in the early stages of a recovery; so a more potent charge may be necessary – like ‘fear’