This person (James Wynn) went from $12 million to $90 million in 70 days and then went back to zero.
Do more futures trading🥱.
The best example: whatever you earn in futures, it will all go back one day. Leverage/trading is designed to steal your funds. No matter how smart you are.
🔴 If the CPI data comes in higher than expected, then it will be bearish for the market.
🟢 If CPI data comes in lower than expected, 𝘵𝘩𝘦𝘯 𝘪𝘵 will increase the chances of a rate cut in 2025.
The next FOMC meeting is on 18th June.
The market is expecting that the Fed could announce something positive about the rate cuts in June as the inflation is slowing down and Trump is also forcing Powell to do rate cuts.
But if the inflation comes higher than expected, then the Fed couldn't pivot.