Looks like November's CPI will also be weak. Crude oil is now below $80.00 This will no doubt call an end to rate hikes....for now. You heard it here first. Stock indexes will sky higher.
Sit tight folks, chances of a big drop in stock indexes are ZERO. I will need to roll this long position into the March 23 contract.
Next week's CPI will also be weaker. Then Powell will speak on Wednesday and will coo like a dove. They will claim they are making progress and the markets will rocket higher. Buy now.