CPI
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ the latest CPI figures was awful. We’ll see if and when the market will recognize that.
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JozeChia : Are we looking at different numbers?
Seraphicall JozeChia : Look at Core CPI as well.
ambitious Unicorn_63 OP : Core cpi was 5.5%. That’s not good to me.
SamGor92 : What did 5.5 mean before that? It's been declining continuously for ten months now and still not good?
Seraphicall SamGor92 : Sticky inflation holding for this long. how do you think it’s good leh?
102551895 Seraphicall : good question
SamGor92 : If there were a real stock disaster, inflation would be gone
adamwky83 SamGor92 : Stock crash won’t sunk cpi. Core cpi have many factors and one of it is jobs. Fed won’t rest or cut unless inflation hits 2%. Long high interest rank will sink more big companies in quarters ahead
SamGor92 adamwky83 : If you study hard, you can watch Chief Papa's video on YouTube and understand the economy before you invest. This sqqq is used to hedge stocks. High inflation causes treasury bond yields to rise and not stocks to fall because the Fed raises interest rates. The Fed's interest rate hike is to take money away from the market because there is too much money. If a real stock disaster occurs, the market capital is reduced, which is tantamount to raising interest rates, that is because the market is very bad after the stock disaster, the Fed needs to bail out the market before it cuts interest rates later