hot?

melson
04-08

There are two main factors contributing to high inflation right now: supply chain disruptions and the war in Ukraine.

Supply chain issues caused by the pandemic continue to cause problems, making it difficult and expensive to get goods to consumers. The war in Ukraine has also driven up energy and food prices, as both Russia and Ukraine are major exporters of these commodities.

oil above 80 is also causing market jitters. $SPDR S&P 500 ETF Trust(SPY)$  is hovering, sometimes dipping due to profit taking. many are fomo, just in case the fed decides to cut rates though inflation remains high.

$US2Y(US2Y.BOND)$ is trying to make new highs as some fed officials signal that there may not be 3 rate cuts this year and the fed might cut later than Jun. inflation data is coming on 10th. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerStars  @TigerWire  @koolgal  @Asphen  

Modified in.04-08
CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?
March headline CPI is 3.5%, higher than estimates of 3.4% and also the highest since September 2023. Core CPI is 3.8%, higher than estimates of 3.7%. Goldman Sachs expects only two rate cuts this year, with the first in July and the second in November. ------------- How do you expect rate cut in 2024? Will S&P start to pullback after hot inflation data? What's your target?
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Comments

  • koolgal
    04-08
    koolgal
    Thanks for sharing your valuable insights 😍😍😍
    • melson: 
      [Heart] [Happy]
    • koolgal: 
      Have a great week ahead 🌈🌈🌈
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