Thursday, January 11, 2024
CPI came stronger than expected...
funny that smarties have already counted for 4 to 6 cuts this year.
Sunday, January 7, 2024
job well done by economists ...?
they misread the upcoming inflation in 2021; & when Feds raised the rates in 2022, economists miscalculated the odds of a recession in 2023; so much that they are not even talking anything in 2024, as they are running out of potential plots .. for the next movie ..!
Friday, January 5, 2024
mix econ data gives mix market results
NFP came strong, but losing 3p in 1W made her hungry; so she jumped; then supported by ISM-S; market rose 1.2p from the low
Thursday, January 4, 2024
Wednesday, January 3, 2024
all economic indiactors showing a slowdown in US economy ...
confirmed by lower int rates ... can we avoid a recession or is it a soft landing ..?
For sure no one is talking about it ... but everyone did last year and market returned 20+% ... why ?
because all prognosticators were wrong ..!
Tuesday, January 2, 2024
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