🔥ATTENTION🔥

🎯Today's INFLATION DATA leaves us with GREAT SIGNALS that should not be overlooked.

👀Thursday is DEFINITIVE for these reasons (read until the end to understand):

What am I specifically referring to⁉️

👉The annual CPI fell more than expected to 2.3%, only 0.3% above the FED's target.

👉We have just witnessed the third consecutive month in which the CPI records a decline in inflation.

👉In light of this, stocks and cryptocurrencies like #Bitcoin and #Ethereum are rising.

What is causing this rise⁉️

🔹This rise is due to decreasing inflation increasing the chances that the FED will cut the interest rate.

🔹We have CPI, PPI, and PCE inflation that has been declining for months.

🔹The FED cannot continue pretending that there is no progress with inflation, and at some point, it will have to cut the rate.

🔹Cutting the interest rate would be positive for financial markets because it makes loans cheaper and, therefore, money becomes cheaper.

👉After the inflation data left investors euphoric:

▪️J.P. Morgan stated that the risk of a recession fell below 50% and expects the first cut in December.

▪️Citi expects the first cut in July.

▪️Goldman Sachs expects the first cut in December and reduces the probability of recession to 35%.

▪️Investors expect the first cut in September and see a 34% probability that the first cut will be in July (we know this thanks to the futures market on the interest rate).

📍Additionally, after the data, the SP500 rose and recovered the accumulated decline since the beginning of the year, and the FEAR and GREED index soared to the highest level of greed since October.

📍It is key to see how the PPI inflation comes in on Thursday and then Powell's statements.