48 replies to this topic

[redfoliage2]

The most meaningful inflation data - Core CPI month over month down from 0.6% to 0.5%;

Initial unemployment claims up from 216K to 227K.

The new development in inflation trend should make the Fed think twice when doing rate hiking................. 

Edited by redfoliage2, 10 March 2022 - 09:50 AM.

[redfoliage2]

Today it's for consolidation, and then going higher .........................

[steadyquest]

Consolidating the move down from 222?

 

[redfoliage2]

The chart looks great, it shows the current state of the market.  But the force moving the market is not charts.  Believe or not.......................

[pdx5]

The most meaningful inflation data - Core CPI month over month down from 0.6% to 0.5%;

Initial unemployment claims up from 216K to 227K.

The new development in inflation trend should make the Fed think twice when doing rate hiking................. 

0.5% monthly ---> 6% inflation annual rate?

I thought FED target is 2% annual inflation.

Has FED now accepted 6% as desired target?

[redfoliage2]

"Month-over-Month" does not mean "Monthly", it's a trend and the Fed also looks at the trend ........................

Edited by redfoliage2, 10 March 2022 - 12:41 PM.

[pdx5]

True dat, but trend over last few months has been lot higher than 2% FED target.

 

Effect pf oil price increase takes time to filter down into so many products and services.

I will be shocked if the inflation rate for 2022 will come in less than 6%. High Inflation is now cooked into the system.

It is not transitory as FED chair thought.

[redfoliage2]

True dat, but trend over last few months has been lot higher than 2% FED target.

 

Effect pf oil price increase takes time to filter down into so many products and services.

I will be shocked if the inflation rate for 2022 will come in less than 6%. High Inflation is now cooked into the system.

It is not transitory as FED chair thought.

The Fed indicated it could tolerate higher than 2%, and obviously it's even higher as we have it now, and the sky did not collapse .......................

Edited by redfoliage2, 10 March 2022 - 01:26 PM.

[steadyquest]

rf2 -

The force moving the market is the tina crowd peeing themselves

[pdx5]

https://confoundedin...erican-history/

 

https://www.breitbar...trucks-up-12-4/

 

https://www.fox5vega...w-prices-surge/

 

https://www.newsbust...mericans-living

 

But sky has not fallen