These numbers are so bullish, inflation seems to be under control, so they say... The consumer price index increased 0.2 percent after a 0.3 percent gain in March, the Labor Department said today in Washington. So-called core prices, which exclude food and energy costs, climbed 0.1 percent, compared with a 0.2 percent advance a month earlier.
For today, the reality of those #'s don't matter - just our perception of our perception of our perception of our perception of what the herd will do.
They are, and those food prices imaginary as well, I dont mind paying close to $4.00 for a loaf of bread and $$$$$10.00 for a pound of CHERRIES.............talk about inflation....
Cherry picked indeed, bet they took that late March low. This is going to come to a head pretty soon, they can't fudge it much longer. Unleaded Gas Chart
You make a very "rookie" mistake thinking that the financial markets are 100% directly correlated with the Economy. Most traders are aware of this, but for some reason you are not. Big mistake.