/biz/ - Business & Finance

if you thought the CPI would go up after they literally REDEFINED recession, then you're really stupid.

>>50838400
For me it was the fact they didn't have active damage control about inflation this week. Had to be neutral or even "good" news.

3 more lessons like that and you'll be bankrupt

2 more weeks, 2 more lessons.

Elon Musk told me inflation was over so I listened to him

>>50838378
Never trade based on news or external events.

>>50838417
all large industrial commodities have seen price falls.

The only people who expected CPI to increase are demoralized bears disconnected from reality.

Never go full bear. The market wants to go up.

>>50838400
I figured they redefined recession in order to hide an increase in the CPI. Why would they try to redefine it we were already in a downtrend?

You're a retard. You know inflation pumps all markets, right? That cash inflation flows into stocks/crypto and pumps them up? The price activity right now isn't based off of the hard inflation number but on the market guessing what the Fed is going to do rates-wise. Right now they're predicting tapering rather than aggressive policy. You're a monkey throwing darts at a board.

>>50838378
It's mostly a fake pump that's overdone. The market really thinks we'll go down to 2% inflation without any loss in earnings or employment.

>>50838469
>>50838417
Any other events happening in the macro like CPI reports that I should consider when trying to leverage again?

>>50838378
yep
30K, just gone
puff
and now watch how it dumps back down

>>50838485
Probably should have taken it into account aha. I figured we were in another spike down before an eventual pump due to increased rates.

>>50838378
How about you spend 2 minutes googling oil, housing and wheat prices before entering your trade? Does wonders when you're trading off hunches and /biz/ bobo threads.

>>50838522
>He's just now realizing this was a bot pump because so many people who believe strictly in muh fundimentals thought it was going to tank and shorted

>>50838522
Why would it tho?

>>50838485
the issue it is not cash inflation, inflation is due to supply side price increases.
M0 is dumping like a nigger, dyx should be at 118

>>50838474
theyve been hiding increases in the CPI for 50 years. It's what they do. The real CPI is more like 15-20%, if not HIGHER. Not only does lowballing the CPI gives the fed's more leeway to print money, but lots of gov contracts are linked to CPI, so its literally in the gov's best interests to lie about the CPI.

The fact that they are saying its 8.5% is already a massive lie.

>>50838503
I think alot of this shrugging off of recession news is just window dressing for the election coming up. It's possible that bad news is bad news again after that. The real big thing to worry about is a CPI jump.

Most ppl expect the CPI to fall just because of the law of large numbers. If it unexpectedly rises, we'll have another round of "omg will the fed raise rates 1%"

>>50838503
rate hikes. But unlike CPI they are a coinflip and depend wholly on Powells testicle temperature on that particular day.

>>50838555
All those have gone up as usual anon.

>>50838575
Circulating fiat supply dumping because of rate increases and third world countries being so deep in dollar loans they get margin called, meanwhile supply of strategic commodities is reduced leading to price increases while demand is increasing.

Market should dumping, especially crypto in dollar terms

>>50838575
What goes up tends to come down. Check the volume, all the buying pressure dried up in minutes and now its slowly gonna come down.

>>50838378
Told you yesterday faggot

>>50833838

>>50838599
>Not only does lowballing the CPI gives the fed's more leeway to print money, but lots of gov contracts are linked to CPI, so its literally in the gov's best interests to lie about the CPI.
Would you say the real CPI is still lower than it was last report tho? From what I am gathering most people don't care about the big number, they only seem to care what trend it is going towardss.

>>50838638
Oil has gone down 15 dollars a barrel. Wheat down 40 dollars. Mortgage rate down 0.40%.
Where did you get that they've gone up?

>>50838666
checked
crypto got massively double nigger barted and its about to be a triple nigger bart fucking bulls

>>50838643
>meanwhile supply of strategic commodities is reduced leading to price increases while demand is increasing.
How do I find data on supply decreases? Just by increased price?

>>50838746
So even that slight decrease is enough for the market to pump? Bloody hell

>>50838721
no you miss the point completely. There is no CPI.

Just like there is no "average global surface temperature" -- there is no "average inflation rate experienced"

The entire concept is bullshit from the start. There is no CPI. There is only what they will admit to.

>>50838378
do you ever go outside? oil price is decreasing significantly

>>50838794
order backlog is good metric. It can result from either significantly increased demand or a bottle neck in supply of services or workers, or both, always resulting in a price increase

>>50838887
based

>>50838469
Only oil retreated a bit, metals and ag are still overpriced and even jumped up with the CPI release. In fact CPI only retreated because of oil, the Fed needs to hike further to bring down those other commodities and eventually inflation back to sub 5%.

>>50838887
But investors react to CPI, what other metric should I be looking at that is closer to the truth?
>>50838948
Thanks anon!

>>50838887
the markets are run by a single unatco affiliated AI under instruction to guide us into the next age

>>50838887
>there is no "average global surface temperature"
what did he mean by this?

>>50838400
This. Midterms are coming up. The liberals will straight up lie to look better, just like they did with covid.

>>50839071
humans create meaning out of nothing. While he is philosophically correct, practically he is a troll, perfectly encapsulated by using reddit spacing

>>50838439
lol, today he dumped more stocks, no one seems to care

>>50838825
bread and circus.

>>50838469
*the fed wants the market to go up.
Fixed that for you