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Charlie Lee Ⓜ️🕸️
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Charlie Lee Ⓜ️🕸️
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🚨 BREAKING: THE US ECONOMY JUST BEAT ON EVERYTHING. THAT IS THE WORST NEWS FOR YOUR PORTFOLIO. GDP Q3: 3.4% vs 3.2% expected. Previous: 2.2% Jobless claims: 194K vs 199K expected. Previous: 194K PCE inflation: 3.6%, as expected. Previous: 3.4% Strong growth. Almost no layoffs. Inflation going UP, not down. The Fed has zero reason to stop, and a December hike is priced near 80%. In this market, good news for the economy is bad news for stocks and crypto. PCE in line is not a relief, it is 0.2 points higher than last month. Rate cut hopes are dead. Stay alert. 12 years in these markets. This is what I do. Follow me and turn notifications on. #FedWatch #EarningsSeason #Nasdaq100FuturesFall0.9% $BTC $SOL $SUI
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