$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$ I get w...
$S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ I get why markets are rising on lower than expected core CPI and that it signals inflation might be steadying but doesn't that mean we're heading for disinflation? If so, wouldn't lower rates of inflation mean lower asset prices? When is that realization going to set in for the markets? Am I missing something?
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Pochong : Yes you are missing something, patience. Market overall continues to go downwards until end of day what. Just process the news logically. If FEDs CPI data for March is out and inflation is still high, naturally market will continue to be bearish.