The index for all items less food and energy rose 0.3% in December, after rising 0.2% in November. Indexes which increased in December include the shelter, household furnishings and operations, motor vehicle insurance, recreation, and apparel indexes. The indexes for used cars and trucks, and airline fares were among those that decreased over the month.
恭喜发财™ : is that bull market starting from here?
doctorpot1 OP 恭喜发财™ : I won't celebrate too early because JPow might still whack the market with more rate hikes in 1st Feb FOMC meeting![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
he might say 6.5% is 3.25x our 2% target ![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Mcpotato : Gonna fly soon sit tighttt
doctorpot1 OP Mcpotato : made some correction, the expected was 6.5% not 6.7%... so is like just meet expectation only.. not sure how market will react hahahah![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
恭喜发财™ doctorpot1 OP : lol temporary for bull, but rate hike may go to 5-5.5% this year as market expected
恭喜发财™ doctorpot1 OP : as long as we see a good sight Cpi was starting coming down
doctorpot1 OP 恭喜发财™ : That is true but looking at the data. US only saved by energy... Seems like if energy price starts to go back up, inflation will be going back up though. So seems like OPEC+ and China reopening will be crucial.
Johnnie Worker : 2023 will be a bull market. Gotta all in when every newspaper are spreading fearful messages!
PolyQ : Expect more hawkish.
Ixy The Cat : I don't trust the CPI. The numbers are cooked imo.
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