- 46,376
- 98,506
Why cut at all when inflation is ticking up even now?So CPI numbers show me nothing to justify a 50 basis point raise so I expect markets to piss off today in a corner.
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Why cut at all when inflation is ticking up even now?So CPI numbers show me nothing to justify a 50 basis point raise so I expect markets to piss off today in a corner.
I agree. Index investors also need to keep this in mind that if companies are seeing rev growth lower or flat, it will impact the indexes.this is true of so many companies. Earnings growth in Covid was just not sustainable and even if we don’t enter a down turn we may be entering a period where lots of companies just chop flat on growth but slower than expected growth and the p/es need to price that in.
That’s my current odds on take on this market tbh and the reason I like tech because I think tech has the best chance to still grow earnings at the expected pace.
100D is sooo close (SPY ~438). Not sure we get that lucky dip today thoughClearly a double bottom.
I would not buy that for a dollar.So... Alinity?
NVDA 250m shares traded already today.
edit: Based on this no doubt...