09/13/2023
Good morning traders. From what the market is seeing this inflation will be the most difficult since the Fed started the current rate hike cycle. The most difficult to interpret. The CPI data released was very much as we predicted without any change. the CPI rose 3.6% year-on-year, up 0.6% from a year earlier; the core CPI rose 4.3% year-on-year, up 0.2% from a year earlier. Because the core CPI rose 0.2% on a year-over-year basis, this increase is in line with the Fed 2% inflation target. In fact, the key is still to see how Wall Street speculation, sometimes a good data will be hard to be interpreted by Wall Street as negative, the list goes on and on. Trading looks simple, but if there is no systematic study, there will be no reverence. Take the CPI data released today, retail investors simply focus on the data "greater than expected or less than expected", but the figures mean nothing. Data for the Federal Reserve means nothing, but also know nothing, to know that the Federal Reserve to analyze the issue of the perspective and the market is completely different. Let us relentlessly pursue this beautiful day.