/biz/ - Business & Finance

OMG ANON
CPI IS 8.6
OH FUCK

>>49503850
shake out
buy when spx hit 3478

>>49503850
cpi, sold the instant it was .3 higher
fed'll fuck the market in the ass

>>49503850
Strap in anon
We're approaching 20k

Why do they always misunderstimate the CPI numbers? At no point has the consensus been higher than the actual numbers, they are always lower.
It's been going on for years now, why is the "free market" not banking on this systemic mismatch between consensus expectations and the actual numbers?

>>49503978
the market does. smart money is accumulating the artificial panic

"Load ze CPI fud"

>>49504065
What you think? Panic continues after the open and retail sells? I mean, retail hasn't even had a chance to sell the s&p

Someone is spending a lot of money to get a cheap return. They’ll probably lose their ass on the one. Market is stronger than they think, got greedy.

Markets aren't even open yet lmao

>>49504065
>the market does
Obviously not the case considering the significant drop, a x5 short position prior to the "revelation" of the number would have yielded a significant return.
This opportunity arose from the news being unexpected.

it's also worth noting that smart money IS the market, retail investors is a miniscule percentage of the volume and have limited to no bearing on price actions (at least for larger indexes, for individual stocks or crypto retail do have an influence).

>>49504170
>a x5 short position prior to the "revelation"
smart money is accumulating smart

BUT I WAS TOLD IT HAD PEAKED IN APRIL

AAAGGHHHHHHHHH

WTF WAS THAT!! OOOOOOOOOOOOOOOOOOO BNB BROS GET IN!!!

>>49504130
Yeah, you've got 30mins to sell. Stock market will drag btc down to 25k today.

>>49503850
bitcoin’s going down because the dollar is highly inflationary, will continue being an inflationary piece of shit, and there’s really nothing the fed can do about it in the short term. people love holding highly inflationary dollars over bitcoin

>>49503850
THEY KEEP FUCKING DUMPING
STOP
STOP
STOP
STOP IT

>>49503850
>WHAT THE FUCK IS GOING ON

>>49504602

>>49503850

this
https://www.bloomberg.com/news/articles/2022-06-10/us-inflation-unexpectedly-accelerates-to-40-year-high-of-8-6?utm_source=google&utm_medium=bd&utm_campaign=Markets&cmpId=GP.Markets

>>49504669
>unexpectedly
We already knew this fucking shit was coming, everyone already knew this

>>49504840
They love to play stupid. The normie buy anything they say anyway because they completely forget everything after a day. They have the minds of goldfish and don't compare/contrast information on a mental timeline model but are just in a perpetual state of dumbfounded compliance.

Muh inflation hedge
>pepehdomegakek.png

Intergalactic court of Justice beams into your head

>>49503882
Yep.

not a single fuck was given that day

I wish it would just fucking hurry up so I can buy

>>49503863
>Priced in
>inflation has peaked
>schzio

There are a LOT of shills on this board feeding that narrative

>>49505684
fuel for another leg down

>>49505684
plan is to restart the "btc is an inflation hedge" narrative, pump the shit out of it until every last normie has bought the top to protect themselves against inflation, the narratives that will be run at the top will make it appear that btc is really going t be the future of finance, and that point once the vast majority believe it they will dump it into oblivion