GM! ⚠️ Today at 3:00 PM we will go live in anticipation of the CPI reading for the USA, to be posted on YT:
➡️ CPI Y/Y is 2.4% with a forecast of 2.4% and a consensus of 2.5%
I expect 2.4% to be neutral or a slight increase to 2.5%, which would be a bit bearish in the short term. If we see below 2.4%, I believe the market will rise well on the reading.
I find it incredible how many of you have been here since the CPI was over 9% and Jerome had a target of 2%.
We're almost there!⚠️