#通胀预期 I really don’t get what the market is scared of. Last month’s inflation was just a temporary peak, oil prices have come down, and the job market isn’t showing any crazy growth. The year-on-year inflation rate isn’t even meeting expectations. Are we really going to see the next meeting result in a rate hike just because the market demands it, without even looking at inflation and employment data? A Fed chair shrugging like that, I could do too—it's pretty laughable!
Enough said, I’ll stick with this: a dip is just an opportunity!
Of course, let’s see tomorrow’s PCE; will it take out another batch of long positions? We’ll see!