hot?

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  

# CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?

Modify on 2024-04-08 15:18

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment3

  • Top
  • Latest
  • koolgal
    ·04-08
    TOP
    Thanks for sharing your valuable insights 😍😍😍
    Reply
    Report
    Fold Replies
    • melson
      [Heart] [Happy]
      04-08
      Reply
      Report
    • koolgal
      Have a great week ahead 🌈🌈🌈
      04-08
      Reply
      Report