Red hot inflation
CPI numbers came in higher than expected. This is the third month where inflation came in hot. The market isn’t like this so far as we are seeing a sea of red.
Market is going to dial back their expectations of the number of rate cuts this year. It also seems like rate cut in June could be off the table already.
Market is going to dial back their expectations of the number of rate cuts this year. It also seems like rate cut in June could be off the table already.
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右侧交易者Bullplus88 : $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ I feel like the whole market is currently supported by Nvidia; otherwise, it would be a huge disaster! But Nvidia can't do it alone. How long can it last?!
OceansWave : Unfortunately the basis of a rate cut is dependent on the how the economy is performing. If the market is strong, demand is strong but supply ain’t sufficient, prices go up.. does not warrant a rate cut as the rate cut would be counterproductive..
JonSnow OceansWave: Ultimately, rates need to be so expensive, that government spending breaks.