>CPI numbers exactly where they were predicted to be>market goes wild>"This is bullish af"huh?
>>59601134Some people are so demoralized that they didn't think the numbers would actually be what was speculated.
>>59601134nah
>>59601150I might be financially retarded. Did they believe it was going to be higher or lower than expected?
>>59601156The inflation number only being 2.9% is pretty good and lower than what some people believe. Don't know enough about CPI numbers to really say but the market clearly likes it
>>59601156it's all a meme anon. the baseline speculation is whether the Fed will lower interest rates by a fraction of a percent, or do nothing. supposedly "the market" divines the Fed's will from a +/- 0.1% fluctuation of the CPI report, which itself is cooked from a bunch of curated data points that arbitrarily exclude vast sectors of the economy. don't think too hard about it, it's just cover for market manipulation and money making.
>>59601161Uhm no, higher CPI means a lower chance for rate cuts. Also we have low unemployment numbers, so there's 0 chance for cuts anytime soon. CPI increased by .2 in just a month which is quite bad. JP is going to crash the markets again.
The question is will inaguration be bullish or bearish? Should I just do the opposite of what happens the day before?
>>59601218>JP is going to crash the markets again.not yet... you'll miss a ton of gains getting out now hilarious people think stocks and crypto are going to crash when we have 8% inflation and 6% bond yields
>>59601276>not locking in bonds now
>>59601134Let me teach you something, Bobo. Market dumped because people expected inflation to get worse and that would mean no more rate cuts. Inflation didn't get worse so rate cuts are back on the horizon and that's bullish af.
>>59601361Inflation got worse, idiota.
>>59601369All forecasts were met or beat so no, it didn't get worse
>>59601369Yes it raised a bit but still miles below what people were expecting. Some people actually though it would be 4.5% or even more when it only ended up being 2.9%
>>59601550it got worse.all items in november were 2.7%, all items in december were 2.9%the news is writing headlines saying that "inflation excepting food & gas decreased 0.1%!"like, food and gas are the most important costs. You're basically saying that luxury items got cheaper.This means deflation inbound.Inflation was worse, retail is just illiterate headline readers. Next few days the market will digest what this really means.Short
>>59601134It was slightly below expected
>>59601630The forecast was met. That means rate cuts will continue as planned.
>>59601649>That means rate cuts will continue as planned.the plan JP laid out last presser was "no more rate cuts".Rate raising begins maybe late spring, definitely by mid summer.But this confirms incoming deflation: that luxury prices are decreasing as a reaction to lack of demand aka it's getting even harder to cover your basic needs.Is there a flaw in this reasoning somewhere that you can see?
>>59601369inflation is about to get 100x worse. it never really went away, obviously, as you can tell when you go to buy literally anything. trump is also about to impose tariffs and abolish the irs, replacing it with a national sales tax. prices of everything will moon as a result. this includes asset prices.
>>59601134actually inflation is higherbitcoin will be rejected at 100k
>>59601649lol they will have to hike rates or stop rate cuts
>>59601134what is even CPI
>>59601168>"the market" divines the Fed's will from a +/- 0.1% fluctuation of the CPI reportthe cpi report is entirely fake, so when that 0.1% fluctuation happens that has been decided by committee to signal to the market or at least the smart parts of the market where they will send this directed economy and so the smart market participants can preposition towhat you actually believed we live in a free market, lol, lmao even
>>59601134The market likes predictability and when its right, it confirms it knows everything and it goes up.
Can you even trust anything coming from the US government anymore?
