Market Update Friday June 10th: CPI Number Surprise To The Upside
Hi Folks, yet another brutal sell off in markets as the Core Price Index Numbers came in higher than expected and surprised to the upside. As we said yesterday on Patreon if the number came in higher than expected it puts even more pressure on The Fed to raise rates and tighten monetary policy, pushing Stocks and Crypto down further.
While i have over all been Bearish on the Macro picture, I originally thought Markets could rally in June with Mars in Aries. However I was careful to say that Bullish scenarios have not been playing out well even for short term rebounds, and …
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