Posted by DigiNomad on 3rd of Apr 2024 at 11:39 am
Another stagflation data point and the market goes wild. Lol. At
least it's predictable.
This is one of the stronger stagflation confirmations we've
had.
Stagflation is the devil for the fed because it pins them in a
damned if you do damned if you don't situation. You want growth and
prices going in the same direction so that you can control them
with rates.
U.S ISM NON-MANUFACTURING PMI (MAR)
Posted by steve on 3rd of Apr 2024 at 10:01 am
U.S ISM NON-MANUFACTURING PMI (MAR) ACTUAL: 51.4 VS 52.6 PREVIOUS; EST 52.8
Another stagflation data point and
Posted by DigiNomad on 3rd of Apr 2024 at 11:39 am
Another stagflation data point and the market goes wild. Lol. At least it's predictable.
This is one of the stronger stagflation confirmations we've had.
Stagflation is the devil for the fed because it pins them in a damned if you do damned if you don't situation. You want growth and prices going in the same direction so that you can control them with rates.
Nice pop ... skynet algos
Posted by mla127 on 3rd of Apr 2024 at 10:08 am
Nice pop ... skynet algos loved it ...