CPI will roll off the highest months from 2023 right as the fed is cutting (bullish af)

    https://i.redd.it/7xk34sjd4nid1.png

    Posted by Six_Times

    15 Comments

    1. Sell on news, shelter number sucked, jobless and retail number tomorrow. Watch for leg down.

    2. I’ve gotten a lot of mileage out of this chart, source:

      [https://data.bls.gov/timeseries/CUSR0000SA0&output_view=pct_1mth](https://data.bls.gov/timeseries/CUSR0000SA0&output_view=pct_1mth)

      Media always report the monthly figure and the annual figure, but the roll-off is key to perception of the markets. Right now, the headline is 2.9% CPI y/y and many think it’s too high to start cutting. But when .5 and .4 roll off, likely replaced by ~.2 monthly figures, suddenly the annual figure drops to ~2.4%.

      80% SPY, 10% IWM, 10% NVDA, no cash

    3. Inflation is now just rent inflation.

      If shelter somehow came in at 0.0 the next 2 months (it won’t) we could be at 2% in 2 months.

    4. Don’t worry guys the fed is definitely cutting this time. I know we’ve said that literally every single time for the last 2 years but trust me, this time.

    5. Longjumping-Week8761 on

      I tanked my account and I can’t believe it… I’m gonna sit on the sidelines until shit is safe again…

      Should’ve stuck w my strategy… Didn’t know how volatile summers get .. lesson learned… DEF NOT QUITTING BC I LIKE THIS SHIT (ROOKIE SEASON)

    6. Syab_of_Caltrops on

      September dot plot will be fire bruh ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)

    7. ForsakenRacism on

      Pretty sure everyone is gonna sell the news or rare cuts. We can’t win whatever we do

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