Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

0.79%

7,788.3 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-14616

First 14616 Last

Share
Profile

Follow
Ewebute

5,803 Posts.

937

14/02/24

01:25

Post #: 72392532
Share

Originally posted by Baron1: ↑

https://www.cnbc.com/2024/02/13/cpi...-the-annual-rate-moved-to-3point1percent.html

Consumer prices rose 0.3% in January, more than expected, as the annual rate moved to 3.1%

Bad news across the board for inflation I guess rate cuts might not be coming anytime soon then? Looks like we might be running the risk of another inflation spike but we will see, only so long they can fudge the numbers yes? Now does this mean the market needs to reprice its expectations again? So how long before we fill the gaps that were left behind on "purpose" all the way down to 4100ish on the S&P?

My guess within the next few weeks, good luck all. Just remember the market has never in history bottomed before the recession began so how low can we go this year? hehehe. Rinse and repeat rinse and repeat and thank you for playing the house wins!

Expand

No effect.. not a rug pull.. lol

Maybe I was too quiet today.. You know how much I affect the markets... dmb arrrrs-s

XJO Value at posting: 7,603.6
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,294 more messages in this thread...

First 14616 Last

Add XJO (ASX) to my watchlist