/biz/ - Business & Finance

>>50814649
Yes?

Gonna be better than the last one.
Tomorrow is going to be green.

>>50814649
>literally still forecasting "inflation is transitory" as it VIOLENTLY sets new records
inflation will peak at exactly the moment they drop the inflation is transitory meme, checkem

>>50814649
8.7 and only because gas prices are falling or it would be greater than last months.

>>50814649
If 8.8% as expected (which means 8.9 or 9.00%), won't markets pump? I'm a bear who's still 100% cash and I really want markets to dip one more time, so please give me hope by telling my why the cpi data will dump the price.

>>50814848
it's going to be hot, potentially very hot
markets might pump anyway due to some technicality, but I doubt it

>>50814848
>please give me hope by telling my why the cpi data will dump the price.
people have been looking at superficial signs of inflation abatement in the economy, like price of gas being down, to convince themselves that inflation has already peaked and is coming down fast. Even though 8.8% is 'expected', when/if it prints it might still come as a shock relative to many retail traders' subconscious feelings about where inflation is supposed to be at (le 'gas came down 20% so why isn't inflation down 20% too?' kind of logic).

more likely there will a sugar rush anyways because people are always relieved to have certainty and they use this as an excuse to buy indiscriminately. But in between the spicy job report last week (which gives the fed more wiggle room to hike to tame inflation, since job market can take the hit) and a renewed hawkish / 'we're not out of the tunnel yet' tone from fed members over the weekend, I get a feeling the narrative is starting to turn and we'll soon see a new leg down for markets by eoweek.

People are starting to realize this ordeal isn't actually going to be as easy as a transient inflation spike followed by a hasty pivot and money printers back on full blast. They're starting to realize it might actually be sticky, and sticky inflation has NOT been priced in yet, not at all.

>>50814938
>it's going to be hot
Why? Energy commodities are dropping.

>>50814649
P R I C E D
R
I
C
E
D

I N
N

>>50814649
What do the first two letters even stand for?

>>50814649
priced in, bobo. You missed the bottom.

>>50815159
Currently Priced-In

>>50814649
>July 9.40%

>>50815184
>STonkS gO Up
Weight in bacon you can trade your stocks for goes down
You can't eat stagflation
Your loss, for the WHOLE decade

>>50815068
owner's equivalent rent is 33% of the CPI and it only really started to register rent increases earlier this year
meanwhile rents have been rising at a record pace since last summer
home prices are still high, and now that mortgage rates are high too, a lot of people are trapped as renters. This causes even more rent inflation. Housing could even drop 20-30% from here and remain largely unaffordable if mortgage rates remain elevated.
lagging inflation indicators gonna lag

>>50815063
shut the fuck up you insufferable smart ass you know nothing. go back >>>/reddit/

>>50815842
>t. GPT-3 bot

>>50814649
it's gonna pump into it

>>50815068
Core is going through the roof though! And core is what matter though, remember the narrative.

>>50814751
They dropped that meme a while back. Also inflation is high but it’s down slightly and the market will react like it’s over and markets will giga pump. Not checking them niggafag.

>>50815929
>They dropped that meme a while back
no they haven't, they've been trying to call the top on inflation ever since last november. They stopped explicitly saying "inflation is transitory" but their stance still remains, based on their policy decisions, that they hope inflation will come down on its own without them doing much of anything. Their actions so far are still in line with the "inflation is transitory" meme. If they were really concerned that inflation wasn't transitory, well... it wouldn't be pretty

What does cpi mean ?