markets take cpi figure in its stride, page-6

  1. 9,803 Posts.
    Funny tho, the us dollar sank after the cpi was released. Seems the cpi figure means more US fed rate hikes, and overease reserve banks are going to have raise rates to compensate otherwise their currencies go up. Bank of Japan meets tomorrow. Biggest source of global easy money in this bullmarket - BOJ. Higher yen = lower stockmarkets. Lower liquidity = lower stockmarkets. I don't think this decline is finished yet.
    cheers!
 
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