With the beginning of the decline in inflation and better-than-expected employment data, are we going for the Bull Market?
It's early to know for sure but we can speculate a bit. The initial battle of the FED was to control the rise in consumer prices and after several increases in interest rates, they managed to control inflation. Now a new battle begins, that of avoiding a severe economic recession without giving life to inflation again.
In September the FED makes a pronouncement again and a rise of 0.75% is expected. If that happens the markets will maintain directionality but I don't expect a big rally. But if the FED decides to raise 0.50%, I do expect the markets to react happily to the relief of both things, inflation and increases in interest rates.
Markets have closed in the green today thanks to CPI data, Elon Musk continues to sell Tesla shares for billions, SBF is marketing for Solana, and JP Morgan lowers Coinbase's price forecast.
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