On August 12th, not a single bull market exit indicator was triggered.
Emotions can be deceiving, trading advisors can be deceiving, but data indicators won't.
Tonight at 8:30 PM, the US will release the July CPI, another day of bulls and bears calling each other fools.
In my opinion, this may be the final straw before a rate cut.
To be honest, ever since the Bureau of Labor Statistics' "sacrifice," I don't think it makes much sense to dwell on this data—it's fake data, and you can't draw any real conclusions from analyzing it.
So I'm looking at it from another perspective:
If the data is unreliable, then what is Trump's long-term goal for this term?
It must be:
✅ Successfully enact the Great Beauty Act
✅ Continue prosperity during his term, preemptively consuming the future (eating up the food he's given up in the current year)
✅ End his term and pass the mess on to the next president
Therefore, even if short-term goals aren't achieved, the long-term direction is clear.
The only certainty is:
Get ready for a massive money flood!