CPI on coming Wed

All the bets are again on the table for CPI print this Wed. Would it be higher than consensus, in line or below? How would the Fed see those numbers? I suspect that the Fed already know at least the preliminary numbers. Bullard came out and spoke out for a base case of 3 rate cuts. Suggestive that we are expecting a lower countertrend CPI print this Wed. I am excited but contemplating on how to trade this CPI Wed. I have set up by buying a VIX put $16 Apr 26th expiration yesterday when VIX was beginning to come down (around $16). I am expecting it to fall even lower to around $13 if CPI print turns out to be bullish. Will close my VIX put when VIX is around $13.50. Good luck everyone..

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  • OswaldFinger
    ·04-09
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    Wa, this content is really good lah!
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    • phagefish
      thank you for your kind words. huat ah!
      04-09
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