CPI

WHEN I DREW THIS OUT I FELT IT WAS WORTH SHARING
CONSUMER PRICE INDEX (CPI) Month over Month Inflation Increases from March 2022 - October 2022

This DOES NOT LOOK LIKE INFLATION IS PULLING BACK TO ME.
Even the analysis estimates are Higher than September and There is a real possibility that it is even higher then expect!!!
If that is the case, This is NOT GOOD!

Of course, The market will not like anything less than Equal to or less than and has a possibility of plummiting.
This also implies that the work of the Fed Reserve is not close to done and Will likely have to raise rates For Longer and higher then previously expected. although they may be FORCED to continue raising rates at a lower 50 basis points per meeting rather then the 75Bps that it has for the last four Rate Hikes Due to the Massive amount of DEBT and Raising rates too high too fast can cause the DEBT OWNERS to DEFULT.
Even our Government is in jepordy of defulting with HIGHER INTEREST RATES....
They will still continue to raise rates but i BElieve they will slow it down and prolong it.... (IF I WAS TO GUESS)


STAY TUNED.... CPI REPORT RELEASED AT 8:30am Today (11/10/22)!!!!!