The fall in energy commodities is the largest contributor to the drop of US CPI in Dec 2022, the fall was so huge that even though there was an increase in many other factors, overall CPI still fell to 6.5%. In my earlier post on the CPI number, I mentioned that this is worrying because it seems like oil is the factor that helps to lower inflation but there are many factors that are outside of US's control...
doctorpot1スレ主i short the sheriff:
maybe if US debt issue is not resolved and they defaulted, then yea, it will retreat heavily.... but I think many countries will feel the pain too maybe even caused a global panic in all market, but would good for people who wants to accumulate shares hahaha
doctorpot1スレ主Expendabiggles:
yea the articles did mentioned that the US isn't releasing more oil from SPR so it doesn't help to reduce the oil prices. probably will see energy going up a little in Jan/Feb CPI data
i short the sheriff : stock market should retreat... heavily I hope..
doctorpot1スレ主 i short the sheriff: maybe if US debt issue is not resolved and they defaulted, then yea, it will retreat heavily.... but I think many countries will feel the pain too maybe even caused a global panic in all market, but would good for people who wants to accumulate shares hahaha
Expendabiggles : Strategic reserve is prob tapped thanks to bozo in white house
doctorpot1スレ主 Expendabiggles: yea the articles did mentioned that the US isn't releasing more oil from SPR so it doesn't help to reduce the oil prices. probably will see energy going up a little in Jan/Feb CPI data