That did it. I think you went too far saying "SPX 10,000 by June." Be real man! No way we get past 9350 until July.
Then why don't you put some real money on your thoughts, cocksucker? Why not? Because you are BULLSHIT! So SHUT THE FUCK UP, YOU WANKER! NO REAL MONEY = NO VALIDATION! ETA: My journal is right here, you fuckface. https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/ Where is your journal, asshole? I am SO SICK AND TIRED OF PEOPLE LIKE YOU! PUT UP OR SHUT UP!!!!!
Cpi in a few hours. Get ready for gigantic volatility... So far for many months inflation according to the government has been trending down however most still don't feel inflation trending lower. If we get a stronger cpi reading markets will fall since the fed will put the june rate cut on hold...uh ohhhhh. Yep. 10 yr is looking wild to at 4.20. If that starts nearing 4.5 4.75. ...5 markets will pull back at least 5-7%. Maybe even 10% if the 10 yr rises above 5. I'm sure they will make sure inflation numbers today are perfect so they can keep the perfect rally going.
I don't care what the experts say, we'll be lucky to see one rate cut this year, if any. One doesn't need 100's of WS analysts and the however many Fed (governors/banks/researchers/data analysts) assigned to figure this out. Here in the real world, there's too many help wanted signs at the bottom of the employment food chain, and just like toxins in seafood, that works its way up and affects everything. New car prices are ridiculous, rents and housing prices haven't really budged, insurance costs across the board only go up. And that's the short list. While food and energy might have somewhat stabilized for now, everything else keeps creeping up. Last Spring when they were all talking about rate cuts in 2024, I said there was no way that would happen. Pretty sure that'll be the case again. If they do cut rates, it'll be for political reasons, but I think Powell has more integrity than that.
There was that one time when the FED actually raised rates, but that disgusting thug Trump bullied him into reversing course.
Yeah I don't know what the sell side analysts that come on BubbleVision are smoking. 6 rate cuts was really ludicrous. I doubt there will be any rate cuts this year, I mean Powell might have to raise rates again if we keep seeing these numbers. I've said this before there is huge labor shortage from the Pandemic that still lingers. I guess that explains why these enterprises are so excited about using AI to reduce any marginal hiring.