Fed’s Policy is working?
Latest reports are showing that Fed’s tightening policy is working as (1) jobless claims came in higher than expected, indicating that job market is cooling, (2) PPI data came in lower than expected (actual 2.7% vs 3% est) aka inflation is falling
All said, inflation will become very sticky at one point.
Next up: big banks earnings
All said, inflation will become very sticky at one point.
Next up: big banks earnings
$Citigroup(C.US$ $Wells Fargo & Co(WFC.US$ $JPMorgan(JPM.US$ $Jpmorgan Chase & Co.(AMJ.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $Morgan Stanley(MS.US$ $Alphabet-A(GOOGL.US$ $Amazon(AMZN.US$ $Sea(SE.US$ $Netflix(NFLX.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $Spdr S&P Bank Etf(KBE.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Snap Inc(SNAP.US$ $Coca-Cola(KO.US$ $Workday(WDAY.US$ $AMC Entertainment(AMC.US$
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Silverbat : it slways work, just print more dollars and sell debts marked high yields
dwarrior : Still waiting for them to bring US into recession
razo2 dwarrior: soon bro. oil is factoring recession based on data.
Pandas dwarrior: Always imagine the unimaginable
ZnWC : Oil price will not come down easily when the Russia-Ukraine War continues= inflation will stay longer (til the end of the year). Russia needs the oil revenue to support the war.
ambitious Koala_2643 : Waiting for the Fed to dig bigger hole to fit more
razo2 ZnWC: OPEC+ will not allow oil to fall below 70 USD. if it is shorted, they will cut more supply.
razo2 ambitious Koala_2643: they printed too much money back in 2020. they need to get back those in the stock market. retail investors thinks the fed is not working with the banks when clearly most of their fed members had been doing insider trading with bank stocks.
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