Lower CPI than expected (8,5% vs 8,7%). Is that a positive? For me no. I’ve been warning since 2020 about the major problems in the economy caused by all this QE leading to so many inflationary problems and supply shocks, which could never be resolved by mmt and Keynesian economics. It’s just that the problem “is “a tiny bit” (well we all know how CPI is measured) smaller than “expected”
Technically though for the short term breaking 13550 on the $NSDQ100 could turn that level into support. Let’s see. -... Show More
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