Posted by kevindeng0727 on 10th of Jan 2023 at 11:23 pm
housing (rental) is 1/3 of CPI if I my memory is correct. Svc
inflation not sure how much weight - but US (and all other
developed countries) are virtually service economies.
CHOP is my base case for 2023 actually haha. 4100-4200 on upside
and 3300-3400ish downside. I am feeling that this opinion might be
getting a bit too popular though, especially all the big sell side
firms pointing to ugly H1 and rebounding H2.
Tudor Jones by the way, seeing the market 7-8% higher this year
(meaning closing at 4150ish) because of buybacks and cash on the
sideline, IF THE FED DOES NOT BREAK THE ECONOMY. I shared a link of
his interview earlier today.
One other factor keeping me from getting too bearish is this is
a pre-election year.
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housing (rental) is 1/3 of
Based on what i've seen, there is no doubt in ...
Posted by kevindeng0727 on 10th of Jan 2023 at 11:23 pm
housing (rental) is 1/3 of CPI if I my memory is correct. Svc inflation not sure how much weight - but US (and all other developed countries) are virtually service economies.
CHOP is my base case for 2023 actually haha. 4100-4200 on upside and 3300-3400ish downside. I am feeling that this opinion might be getting a bit too popular though, especially all the big sell side firms pointing to ugly H1 and rebounding H2.
Tudor Jones by the way, seeing the market 7-8% higher this year (meaning closing at 4150ish) because of buybacks and cash on the sideline, IF THE FED DOES NOT BREAK THE ECONOMY. I shared a link of his interview earlier today.
One other factor keeping me from getting too bearish is this is a pre-election year.