Why the market will go up

And 3.7% is still low.

Perhaps the Fed did a great job! They prevented a Covid-induced recession for a brief period of high inflation!

 

Except prices wont go back down after this inflation ends.

We will get left with the price of many goods and services 50 to 100% higher than before.

 

Most of the jobs are in the public sector, hence a net loss and not a net benefit.

 

Now that shrinkflation is out of the bag, every consumer goods company that never thought of this before will do it now. So inflation will still be there, but hidden below the headline numbers.

 

Someday we'll be like Uzbekistan where the smallest unit of currency is 10000.

 

Should have just bought the junk stocks with no earnings aka ARKK or even ARKF (Fintech). I think ARKK was up like 13% at the peak yesterday.

 

That was a rising tide situation. Without the Fed behind her, Cathie is truly going to be in a world of hurt. She better pray to the Powell God.

 

Who cares whether it goes up or down?

As long as it moves, traders will be happy.

 

That's how I see it. Playing dollar weakness. Added some GDX earlier in the week and started buying emerging market now.

 

the CPI report showed inflation is still rising (0.40%), but a little lesser than expected. it means the FED's job is not done yet, and we've seen +800 points pop before. we're not out of the woods yet. bond market is telling we're going to have recession, probably, next summer at this rate.