While JPMorgan's share price is tumbling pre-market, Nasdaq is soaring as bad-news-is-good-news again. Following dismal retail sales and CPI data, bond yields have plunged (along with the dollar) and gold is spiking...

JPM is unhappy...'no brainer'

 

But Nasdaq traders love terrible data... (Pay up for growth again, no matter what)...

 

Bonds are bid...

 

With 10Y back below 2.30%...

 

Gold is up...

 

And the dollar is dumping...