LeilaLynch
2024-01-09

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

When so-called “professionals” make predictions for a new year many of them will call for an 8-10% gain as that’s the “safe” call.

Little do they know how ignorant that is. It literally almost never happens. In the last 100 years that return has only happened ONE time.

So by calling for an 8-10% gain they’re literally saying there’s a 99% chance they’ll be wrong.

So who gives a sh*t about people who are wrong 99% of the time???

Will Core CPI Drop and Trigger a Faster Rate Cut?
Trading Economics expect Dec CPI to be 3.2%, higher than the previous data of 3.1%; the estimates of core CPI is 3.8%, lower than the previous data of 4%. FOMC minutes indicated a growing confidence in controlling inflation and rate cuts in 2024. ------------------------------- Will core CPI drop as expected and trigger for a faster rate cut?
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