Alberto Iuliano @albeiulio: "I'm looking at this inflation..."

Italy

Edited

I'm looking at this inflation data, which are objectively good, and i think that it's quite a sad news. It's sad because is another proof that prices were going in the right direction, that the Fed was doing a good job with its surgically calculated monetary policy, but this data are already obsolete, for obvious reasons, most of all: they DON'T TAKE Trump's duties into account. Surely the pause will allow us to avoid the worst inflation scenario, but we must remember that the 10% universal duty is still effective, and that we still have the ENORMOUS 125% tariff on almost all chinese imported goods, and China exports a lot in the U.S. Indeed markets are not giving great importance to this data, and i'm not talking so much about stocks, which may be subjected to some take profits today, due to yesterday's epical rally, but above all i'm referring to bonds, which, despite this good inflation data, are tumbling today as well (the total opposite movement compared to Trump's intentions), completely ignoring this progress on the fight against inflation (because they're not actually real progresses). Let's see if there will be movements in different direction compared to pre-market, but i think that, to conclude, Trump is ruining two years of work made by the Federal Reserve to bring U.S economy back to normal. $NSDQ100 $SPX500 $TLT (iShares 20+ Year Treasury Bond ETF ) $MCHI (iShares MSCI China ETF) $EURUSD

5 Mentioned

NSDQ100

SPX500

TLT

iShares 20+ Year Treasury Bond ETF

MCHI

iShares MSCI China ETF

EURUSD

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