Using the Commodity Index to predict the next CPI
It's fairly simple to chart how the next 2 months are going to play out.
Dems flooded the market with strategic reserves just in time to save Midterm Elections.
Given OPEC+ decision to reduce supply, a monkey could have seen a bounce in OIL and commodities.
Conveniently a low was put in to end September which means this months CPI print will be lower.
It won't be until November after the elections and Oil has had a chance to run up will the fireworks start.
Dems probable going to tank midterms to a need for a conservative agenda.
I'm predicting FOMC and CPI in November will be bad.
Dems flooded the market with strategic reserves just in time to save Midterm Elections.
Given OPEC+ decision to reduce supply, a monkey could have seen a bounce in OIL and commodities.
Conveniently a low was put in to end September which means this months CPI print will be lower.
It won't be until November after the elections and Oil has had a chance to run up will the fireworks start.
Dems probable going to tank midterms to a need for a conservative agenda.
I'm predicting FOMC and CPI in November will be bad.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.