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What do we get in the CPI report tomorrow?

Posted on 1/14/25 at 9:33 pm
Posted by BCreed1
Alabama
Member since Jan 2024
5156 posts
Posted on 1/14/25 at 9:33 pm
What's your best guess?

Mine is confirmation for the feds to not reduce rates thus a fall in the market.
Posted by bigjoe1
Member since Jan 2024
825 posts
Posted on 1/14/25 at 9:45 pm to
Doubt it really matters. Rate cuts will be few and far between this year.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
51967 posts
Posted on 1/14/25 at 10:52 pm to
quote:

Mine is confirmation for the feds to not reduce rates thus a fall in the market.


You may get your wish
Posted by ricker300
Birmingham
Member since Jul 2007
359 posts
Posted on 1/15/25 at 2:07 am to
Sometimes the data doesn't justify the move. This market is fake anyway. Spy back to 595 by eow.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55464 posts
Posted on 1/15/25 at 5:57 am to
quote:

Doubt it really matters. Rate cuts will be few and far between this year.


The market thrives on hope and that's either dashed or bolstered by certainty. CPI forecasts are .3% MoM and 2.8% YoY (up from November's 2.7%). Hitting estimates would signal no rate cuts would be likely until September-ish, so the market should go back to bearishness. Coming in below estimates would send stocks to the moon (as the market would start believing it signals sooner cuts), coming in above would just strengthen the bull run.
Posted by bigjoe1
Member since Jan 2024
825 posts
Posted on 1/15/25 at 7:04 am to
[qu. Hitting estimates would signal no rate cuts would be likely until September-ish, so the market should go back to bearishness.

With no other news today I'd agree but, the big banks are reporting and are coming in above estimates. I think that may spark a rally. But, we'll find out in a few minutes.

Posted by bayoubengals88
LA
Member since Sep 2007
21171 posts
Posted on 1/15/25 at 7:53 am to
The market loves the report.
And I love my 2/21 and 3/21 calls again…
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
87202 posts
Posted on 1/15/25 at 8:30 am to
Finally shelter caught up. Another full 1pt of rate cuts back on the menu this year
Posted by KWL85
Member since Mar 2023
2255 posts
Posted on 1/15/25 at 9:39 am to
Doubt it. And certainly no way to confidently predict at this time.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
87202 posts
Posted on 1/15/25 at 9:44 am to
quote:

KWL85


no its 100% happening
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82024 posts
Posted on 1/15/25 at 9:50 am to
quote:

thus a fall in the market.


Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55464 posts
Posted on 1/15/25 at 10:44 am to
quote:

With no other news today I'd agree but, the big banks are reporting and are coming in above estimates. I think that may spark a rally. But, we'll find out in a few minutes.


You and Inverse Cramer were spot on.
Posted by KWL85
Member since Mar 2023
2255 posts
Posted on 1/17/25 at 8:44 am to
quote:
KWL85


no its 100% happening
______

100%? Lol. I would say there is a 75% chance that you are a 100% wrong.
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