T minus 60 minutes for the US CPI report (September data) 🍿
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I bet we come in *just* a hair under expectations.
Agree with everything except VIX although TA would follow your prediction.
I think overinvestment in manufacturing/supply chains and weaker consumer will push inflation down for a very long time.
Data has been all over the place recently though.
People still pay attention to this? We are on a bitcoin standard. Do people even pay in dollars anymore?
Came in 10bps over expectations.


Do you have a rough price target for CLSK by the end of 2025?
lol... my CPI guess was... wrong!
Core Inflation Rate MoM: 0.3% vs 0.2% (forecast) and 0.3% (prior)
Core Inflation Rate YoY: 3.3% vs 3.2% (forecast) and 3.3% (prior)
Inflation Rate MoM: 0.2% vs 0.1% (forecast) and 0.2% (prior)
Inflation Rate YoY: 2.4% vs 2.3% (forecast) and 2.5% (prior)
#macro
That's what I get for making (another) public prediction. 😂
Ironically, my expectations for the USD, interest rates, risk assets, and #bitcoin may actually work out over the coming days/weeks because of another important data point...
Initial Jobless Claims: 258k vs 230k (forecast) and 225k (prior)
This gives the Fed the ongoing excuse to lower the Fed Funds rate as they turn their attention from inflation to employment.
Regardless, that was fun.
Onwards. ⚡
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It feels good to be wrong (again). 😂
I bet it gets revised. But I'll check the weeds later, see where this inflation is coming from.
Wah wah wah.
The capitalist is complaining some people care about financial markets.
Do I have that right?
Do I have that right?Haha no
From increasing supply of dollars