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?

avatarmelson
01-12

awakening of the wooden dragon

as the fed ends its rate hike cycle, the market gets excited, the market being 6 months forward looking. now the market is ahead of itself pricing in rate cuts as early as Mar. the fed officials however are looking at end 2024.  $US2Y(US2Y.BOND)$ is the leading indicator of fed interest rates. it is very sensitive to the economic and inflation data.  we shall overlay us2y on three important charts: $FTSE 100(.UKX.UK)$ , $SPDR S&P 500 ETF Trust(SPY)$  and $Invesco QQQ Trust-ETF(QQQ)$  .  ukx is the leading indicator of spy. hence it is important to know the effects
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awakening of the wooden dragon
avatarTigerBullUpUpUpUp
01-12

Tiger Tycoon

Hooof Find out more here:Tiger Tycoon Get ready to WIN up to $888!
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Tiger Tycoon
avatarThalos
01-12
All news are temporary stimulants for bulls or bears. Use it for our advantage. The principal of wanting buy low and sell high never change.
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avatarRyan_Z0528
01-11

Anticipate Tonight: CPI Data Expected to Rise in Line with Projections

Volatility in global markets slowed on Thursday and moved into " big things are about to happen" mode:US CPI PreviewThe $USD Index(USDindex.FOREX)$ moved in an extremely narrow range and was only half as volatile as on Tuesday. $NVIDIA Corp(NVDA)$ on Wall Street hit record highs, with the $DJIA(.DJI)$ up 0.45%, the $S&P 500(.SPX)$ up 0.57% and the $NASDAQ(.IXIC)$ up 0.75%. $Gold - main 2402(GCmain)$ fell back, reaching 2020 levels at one point, but a weaker US dollar provided a bottom.
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Anticipate Tonight: CPI Data Expected to Rise in Line with Projections
avataricycrystal
01-11
Spending... Drop drop drop... cut cut cut... What to do... [Helpless]  [Helpless]  [Helpless]  every cent count... Everything so expensive.... If only salary, bonuses, stocks, dividends, [USD]  [USD]  [USD]  rises like these expensive things wouldn't that  be awesome!  @GoodLife99  @koolgal  @Shyon  @Aqa  @xXxZealandxXx  @Universe宇宙  
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avatarMaverickWealthBuilder
01-11

Is there a temporary rebound on Dec CPI?

To start, we believe December US CPI may experience a temporary rebound. $iShares 20+ Year Treasury Bond ETF(TLT)$ United States Inflation RateIt might reaches a 0.35% MoM increase in core CPI (consensus 0.3%, previous 0.28%), and a 0.31% MoM increase in nominal CPI (consensus 0.2%, previous 0.10%). Correspondingly, the nominal CPI YoY is expected to rise from 3.1% to 3.3%, and the core CPI YoY is expected to be in the range of 3.9% to 4.0%. It is likely a rebound in both MOM and YOY nominal CPI to be mainly influenced by the narrowing of the decline in energy prices in December. Core inflation is expected to be relatively strong due to several factors: 1) Market rent and market house prices, indicates that rental inflation in the US may still be r
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Is there a temporary rebound on Dec CPI?
avatarmelson
01-11

hot cpi?

since oct 2023 the houthis have been attacking ships using the red sea route. this has resulted in ships taking the longer cape of good hope route. how will this global supply disruption affect the dec cpi? $US10Y(US10Y.BOND)$ is on a downtrend as cpi cools. $USD Index(USDindex.FOREX)$ is on the same downtrend as us10y. you can see this clearly when both charts are overlaid on each other.  the fed officials remarked that interest rates will be kept high for longer till end of 2024. this caused a rally of us10y and usdindex.  sino-us trade war has been worsening with Taiwan presidential election looming. the surprised 3 way fight is causing jitters in the Chinese and Hong K
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hot cpi?
avatarMaverickWealthBuilder
01-10

DB: Why a rapid 100bps Rate Cut by ECB concern's you?

The European economy faces the prospect of a mild recession in 2024, according to $Deutsche Bank AG(DB)$ Chief Economist, Mark Wall. Despite anticipated recovery in the 2nd half of the year, concerns loom over the decline in European corporate competitiveness, inflation rates sliding below expectations, and the need for aggressive monetary policy measures. $Euro FX - main 2403(EURmain)$ $iShares MSCI Germany ETF(EWG)$ Mild Recession Foreseen: a mild recession for the European economy in 2024, citing continued economic impact from monetary policy, unexpectedly weak labor markets, and a slump likely to persist until mid-year.Corporate Competitiveness at Risk: Dec
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DB: Why a rapid 100bps Rate Cut by ECB concern's you?
avatarsadsam
01-10
$DJIA(.DJI)$ Debt in the 1920’s was accumulated on Wall Street with 10% down. The debt this time is being done by government, 34 trillion and adding at break net speed. Start moving money to cash. This time the bond market will fall first, in the 20’s stocks fell first.
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avatarsunshineboy
01-10
$S&P 500(.SPX)$ In my analysis this was a lower high from All Time High price of around 4818. This price for around 4796 and then the price failing to test that price again and falling showcases the bears are way too strong at that level. Also with recession data catching up we are downhill form here. I have bought many puts. Time to HoldUS500: top in for S&P 500 and across major stocks
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avatarmarketpre
01-10

SP500 H4 | Potential bullish momentum

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ SP500 is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target.Entry: 4,738.10Why we like it:There is a pullback support levelStop Loss: 4,678.99Why we like it:There is a pullback support that aligns close to the 50.0% Fibonacci retracement levelTake Profit: 4,815.95Why we like it:There is a resistance level that aligns with the 61.8% Fibonacci projectionSP500: SP500 H4 | Potential bullish momentum
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SP500 H4 | Potential bullish momentum
avatarYNWIM
01-10
$NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2403(NQmain)$ In every unjustified top (1999, 2008, etc.) there is always a "Brian" ridiculing people who point out that the 'Emperor (i.e., market) has no clothes'. You need to profit from the complacency of dunces like Yucheng and Brian. How often do you folks think tech companies have PEs this elevated or market has such breadth, or the QQQs go up 55% in 12 months. It'll seem obvious in retrospect.Fraud Hoax GIF
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avatarXianLi
01-10
$NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2403(NQmain)$ The biggest trap will come when there is a meaningful correction this year (who knows when) and, at the bottom, all the CHUMPS like Brian, Andrew, Yucheng, whatever, pile on to the tech stonks and AI particularly rather than commodities and industrials. The Mag7 have seen, or will see in the coming month, all time highs that will never be revisited because of macro issues, antitrust enforcement, etc. Mark this post.[Cry][Cry][Cry]Federal Reserve Inflation GIF by eToro
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avatarICEsh00ter
01-10
potentially another roller coaster session!
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avatarMicroStrategist
01-10
Sure one, the spending is dropping 
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avatarckmtan
01-10
Should pick up slowly from  this year 2024...
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avatarEdmundYii
01-10
Interesting. Let's see how it goes!
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avatarKindaichi Dee
01-10
Yes. CPI will Drop! Market will rally 
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avatarJ1000
01-09
Ok very good 👍🏽 
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avatarDoTrading
01-09

Tech-Led Rally as Inflation Concerns Ease

Yesterday's Session -Positive Start: Monday saw a positive start to the week for U.S. stocks, with the $NASDAQ(.IXIC)$ leading the gains by closing 2.2% higher. The $S&P 500(.SPX)$ rose 1.4%, while the $DJIA(.DJI)$ increased by 0.6%. However, $Boeing(BA)$ 's 8% decline, triggered by the FAA grounding 737 Max 9 planes, limited the Dow's performance. Index Perf $NVIDIA Corp(NVDA)$ just got done announcing its mid-generation refresh of its graphics cards, but to say that's all the tech company had in store for CES 2024 wouldn't even be telling half the story.
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Tech-Led Rally as Inflation Concerns Ease