That does make a ton of sense Digi, it seems like everyone's reaction the day of data is that rate cuts might get pushed back and then it just releases the rubberband the next day or 2 as inflation is good for stocks, like you said. It's overreaction and then correction and I'm left holding the bag again...

    There are plenty of technical

    Posted by DigiNomad on 14th of Feb 2024 at 04:26 pm

    There are plenty of technical reasons to be cautious right now. But caution due to a hotter than expected CPI print is not a good fundamental reason for caution when the whole game is picking the asset that will inflate the fastest

    yep, but that's just one

    Posted by matt on 14th of Feb 2024 at 04:39 pm

    yep, but that's just one part of the equation and you still cannot just buy what you think will inflate the fastest  and throw caution into the wind throwing out technicals and not have a strategy and an exit plan stop if your assets/assets do not inflate like you think. Anything can and will happen with the markets, the economy, it may play out like you think, or it may not, or take some weird twist, happen faster than you expect, take longer than you expect etc

    basically - you should not just passively invest because you think all assets are going to ramp higher because of inflation- technicals and exit plans are synergistic part of the plan, just like having life insurance when you have a family but you are healthy and don't think you will ever need it. 

    plus let me throw another monkey wrench in - what can also happen is you get all asset prices inflating higher to a point, then boom the system crashes and you suddenly get the reverse happen and things shift from super inflation to deflation. That's always what I've been leaning toward, first an inflationary bubble then deflation as it crashes 

    if the strategy is to just buy things because they have to go up, why should Steve bother even doing all this work, we might as well close BPT tell people to buy stuff and forget it

    Like I said below: There are

    Posted by DigiNomad on 14th of Feb 2024 at 04:46 pm

    Like I said below:

    There are plenty of technical reasons to be cautious right now.

    The day we surprise on the downside with inflation will be the head fake up, then down.

    Between the two I think I covered the same bases you mention. 

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