Better-than-expected Inflation Drives Stocks Higher

traderfirstyear
2022-11-11

Recap on inflation expectations for October 2022. TFY had a range of 7% low to 8% high and guess what we came in at 7.7%. If you're not in thr discord you lost a lot of money on the report today.

Inflation Estimate Recap from Last Month -The inflation stats continue to fall within rangei had at the low end 7.97% and high end 9%.Numbers are still high, but the growth rate ofthe 2nd derivative is falling, which also lowers the annualized rate of growth in CPI. We are still on pace to close the year at between 6% or 7% inflation. These numbers will hit the Base Effects in Q1 of 2023 and likely continueto come down significantly. Be patient we are going to be well above 2% mandate until 2024. Although, l think the Federal Reserve should up the tolerance from 2% to 2.5 to 3%. $SPY(SPY)$  $DIA(DIA)$  $Invesco QQQ Trust(QQQ)$  $Cboe Volatility Index(VIX)$ $TLT(TLT)$

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