Inflation might be returning....you fools it never went away...how the Fu©k can you possibly think it might be returning when inflation is already here......do these people not see the prices of goods and services??? Nothing to see here....move along!!!! Treasury yields ticked higher following the data release. The two-year yield broke above 2 percent for the first time since September 2008. It traded at 2.02 percent at 9:17 a.m. ET. The yield on the benchmark 10-year Treasury note also moved higher to 2.568 percent at 9:29 a.m. ET, while the yield on the 30-year Treasury bond was higher at 2.882 percent. Bond yields move inversely to prices. "What's been driving rates up is this belief in the market that inflation might be returning," said James Bianco, founder of advisory firm Bianco Research. "The CPI data ran a little hotter than people were expecting."
A land of stock market millionaires.....That's why they are pushing automation and robots. Everyone is rich from stocks and no one works....Except the robots.
Been a while since one of these was posted... Just get on the conveyor belt and let it carry you. Destination? Risk-free profit land.
These are the newest probabilities of rate hikes going forward in 2018.....I can almost guarantee a 100000% that if this market sees a dramatic drop of 10% or more the chances of any rate hike after that drop will be 0%.... They already knocked down the chance of 4 rate hikes to a possible 3.....again the fed bows to wallstreet and any drop in equities will cause the fed to immediately halt all rate hikes....it's has nothing to do with the economy and everything to do with wallstreet, remember that's what the fed is about and nothing else. The probability of a rate hike in March shot up to 84 percent from 78 percent a week ago, according to Thomson Reuters. More significantly, the second rate hike is now priced with a 55 percent chance to take place in June. Previously, it had been priced in for August, and for September not long before that. Markets put a 45 percent probability on the third rate for December, up from 38 percent a week ago. There's even a 13 percent chance of a fourth rate hike being priced in. https://www.cnbc.com/2018/01/12/markets-getting-more-comfortable-with-more-rate-hikes-this-year.html
Makes one wonder if this is psychology today, to get the big three to even numbers by EOD to set new record going into weekend. YM to 25800, ES to 2800, NQ to 6800.