CPI data yesterday was better than expected


 

 

The US CPI data yesterday was better than expected at 27.1%. That caused the markets at the opening of the markets to see a 5% rise in the Nasdaq and the SP500. It was a day with a lot of volatility in which at the beginning of the markets more than here sb500 rose to 5% but before closing the correction left the rise at a timid 1%. In a few hours we have the meeting of faith for the rise in interest rates and what is a little more important, they will talk about the economic prospects again, something that they have not done since the meeting in September. Yesterday's data is positive for the fifth time in a row and shows a downward trend in the rise in inflation. It is very probable that from now on in most articles on the Economy we will begin to hear more talk about the recession and the inflation that is beginning to be controlled will stop having so much weight and putting so much pressure on the market. After today's meeting and the words of Jerome Powell, a new impulse can continue the trend of yesterday. On the other hand, we have to bear in mind the closing of derivatives maturities for Friday. 

Bitcoin remains at $17,860 while Ethereum is at $1,330

 

 

 

Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

 

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The Crazy Dude
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Cryptoworld by The Crazy Dude
Cryptoworld by The Crazy Dude

Initial nonfinancial advice for people who start their journey in this field, conspiracy news, and personal thoughts. Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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