Friday, February 24, 2023

Inflation not coming down ...

as in last few years, it was not going up ... despite Fed trying their best on both Side ... because they are using numbers and not behaviors ... anyway, 2Y is near 5% and market down 6% since Feb high ... inflation staying for long brings valuation down ..! 

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CPI came hot ...

No surprise there .. market drops about 1p .. no worries there .. but the cause of inflation so far is mainly crude and diesel.. so it's...