I am not an expert but I agree with this article. With the inflation still above 8% is more than 4 times the target of 2%. In my heart the recent rallies seems too good to be true. Maybe a correction is coming.
Another reason for Fed to raise interest. Next important number is CPI. Regardless, the overall sentiments seems to justify another 75 basis points.Good luck all.
U.S. Job Growth Solid in September; Unemployment Rate Falls to 3.5%; U.S. Stock Futures Drop
WASHINGTON, Oct 7(Reuters) - U.S. employers hired more workers than expected in September, while the