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S&P 500 Futures - Jun 24

CME
Currency in USD
Disclaimer
5,030.25
-18.75(-0.37%)
Delayed Data

S&P 500 Futures Discussions

Inflation keeps going up, the PPI index surprised on the upside, this is a leading indicator and with the CPI already surprising on the upside in August expecting higher CPI tomorrow as well. This will be a big headache for the Fed -  they will  very hesitant  on cutting rates. They will do one 0.25% insurance probably next week, but it will shut down any future cuts until inflation subsides IMHO.
The inflation is due to the over extension of false credit-so in effect this is what we call credit inflation vs. real monetary inflation.
Im betting on no cut.
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