β Nov CPI is lower than estimated, market reaction is good π
Today i am very happy that $Meta Platforms, Inc.(META)$ $Berkshire Hathaway(BRK.B)$ and $Alphabet(GOOGL)$
β οΈ Tonight market will close with gain 5-10% π (my prediction only)
Why does the Consumer Price Index matter? The CPI is one of the most commonly used tools to measure inflation and deflation. Inflation is an important indicator of an economy's health. Governments and central banks use the CPI and other indices to make economic decisions.
Please no more rate increase ππΊπΈ
β οΈ Nov CPI 7.1% vs estimated 7.3% is not bad, but still high, hope market doesn't Loss it's steam πππ continue to go up β¬οΈ
Meanwhile we remain cautious
I will continue to find good companies at a discount π
Pls do your own DD. π
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