PPI data this time
Previous: 5.4%, forecast: 5.3%—it surged straight to 6.3%.
The monthly figure was even more shocking: forecast at 0.5%, it came in at 1.3%—more than double!
Strong retail data shows that American consumers’ purchasing power is resilient, and the overall economy is remarkably robust. The Fed is under no pressure and can continue raising rates. High oil prices are driving inflation, and with strong labor and retail data, plus the situation in the Strait of Hormuz, a December rate hike is basically on the agenda.
So, what will you position yourself in?
Synthetic USD → $ENA
Artificial Intelligence → $TAO
Coin Factory → $PUMP
Previous: 5.4%, forecast: 5.3%—it surged straight to 6.3%.
The monthly figure was even more shocking: forecast at 0.5%, it came in at 1.3%—more than double!
Strong retail data shows that American consumers’ purchasing power is resilient, and the overall economy is remarkably robust. The Fed is under no pressure and can continue raising rates. High oil prices are driving inflation, and with strong labor and retail data, plus the situation in the Strait of Hormuz, a December rate hike is basically on the agenda.
So, what will you position yourself in?
Synthetic USD → $ENA
Artificial Intelligence → $TAO
Coin Factory → $PUMP
ena
tao
pump
6 hr(s) left