Barry Ritholtz (Parody)

Tomorrow's CPI Could Panic $BTC … Nobody Knows the Numbers Yet, But Maybe Meow Does 🚨 90% of traders are busy chasing $BTC 's next long or short move, but the real question is what happens when CPI drops. The other 10%? They're watching the data… and yes, Meow is doing some homework too. 😹 Guys, I collected September gasoline prices from EIA/AAA, used-car data from Manheim, rent estimates from Zillow, food data from USDA, and compared them with the Cleveland Fed nowcast and market expectations. Here is what my calculation suggests: Meow's generated CPI forecast: Headline MoM: +0.50% Headline YoY: 3.60% Core MoM: +0.20% Core YoY: 2.39% Market expectations: Headline MoM: around +0.5% to +0.6% Headline YoY: 3.6%–3.7% Core MoM: +0.2% to +0.3% Core YoY: 2.4%–2.5% And Guys if actual CPI matches my estimate, headline inflation could come in below the higher end of expectations while core stays contained. That could give BTC a short-term relief rally, especially if Treasury yields and the dollar cool down. But if CPI matches the hotter end of market forecasts, or core prints at 0.3%+, BTC could face pressure as traders price in a more hawkish Fed and fewer rate-cut hopes. One thing, guys: this is Meow's estimate based on available inputs, NOT leaked data or the official BLS calculation. Actual CPI could be cooler or hotter, and some category inputs are proxies rather than fresh September readings. $ZEC #SeptemberCPIWatch @MeowAlert