FTXN - Weekly Market Pulse: Nothing To See Here. No Really Nothing

• The PPI report last week didn't make a ripple in the markets, but the commentariat was all aTwitter about inflation and economic overheating and whether Powell might raise in rates in 2 years or 3.
• The market was not impressed. The 10-year Treasury yield moved all of about 1 basis point last week, while the 10-year TIPS moved 5 basis points.
• Gold was up less than 1%, and the dollar "plunged" (as one website put it) by 0.85%.
• There was obviously nothing in the data released last week that wasn't already expected or dismissed for some reason. No surprise, no change in outlook, no change in markets.

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