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In order to do well jn the election Biden ordered the release of SPR to keep the price of crude oil down. With this manipulation the CPI numbers released just after the voting was good because of artificial inflation suppression if Biden keep doing it the SPR will run dry especially with OPEC cutting supply. So he has to stop and inflation will go back up
Taking a snap shot of number to play the market misses the big picture and risks.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Dow turning down will come down quick just like the last fake rally
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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dun keep fighting momentum…..fed will keep raising shorterm but inflation is already in systemic decline.…markets will correct but trend upwards