As long as CPI data comes in steady or tamed, the current bullish momentum could continue.
There may be some profit taking, but it should bounce back up.
But of course, if CPI comes in hot, then it will be a different story.
Don’t forget, it’s election year. If nothing too surprising from CPI and Fed, the rally could continue.
Not financial advice.
Detached House : I thought the CPI came in this morning at 8.30 am @ 3.4%?
Spread Love N Joy : but unfortunately what we get is false numbers manipulated to benefit the Elite, but we can get lucky and eat crumbs.
Maniac Fool Detached House : Later 8.30pm SG time
想赚钱的人 : Powell can keep the inflation high. let the recession start.
Detached House Maniac Fool : Thank you
Maniac Fool Detached House : No problem. Results were unexpectedly good. Lower