đš The Fed Just Got More Ammunition for Another Rate Hike
$FIL
S&P Global's Composite PMI just hit 58.4 â the strongest reading we've seen in five years.
That's not just a number. It tells us the US manufacturing sector is gaining momentum, and the broader economy is holding up far better than many expected. đȘ
$VOXEL
Meanwhile, inflation is still sitting at 3.4%, and with oil prices climbing, it's likely to head even higher from here.
So let's connect the dots: a resilient economy + rising inflation = the Fed has plenty of room to stay aggressive.
That's exactly why market odds for another rate hike this year have now shot up to 90%. Traders are clearly betting the Fed isn't ready to pivot anytime soon. đŠ
$DOGE
Bottom line: don't expect the Fed to soften its stance while the data keeps coming in this hot.
Please donât forget to like, follow, and share! đ©ž Thank you so much â€ïž
#AIStocksWhatNext #BCHJumps28%OnCMEFuturesListing #WallStreetEarningsRevisionsTurnBearish #DollarIndexReclaims101
$FIL
S&P Global's Composite PMI just hit 58.4 â the strongest reading we've seen in five years.
That's not just a number. It tells us the US manufacturing sector is gaining momentum, and the broader economy is holding up far better than many expected. đȘ
$VOXEL
Meanwhile, inflation is still sitting at 3.4%, and with oil prices climbing, it's likely to head even higher from here.
So let's connect the dots: a resilient economy + rising inflation = the Fed has plenty of room to stay aggressive.
That's exactly why market odds for another rate hike this year have now shot up to 90%. Traders are clearly betting the Fed isn't ready to pivot anytime soon. đŠ
$DOGE
Bottom line: don't expect the Fed to soften its stance while the data keeps coming in this hot.
Please donât forget to like, follow, and share! đ©ž Thank you so much â€ïž
#AIStocksWhatNext #BCHJumps28%OnCMEFuturesListing #WallStreetEarningsRevisionsTurnBearish #DollarIndexReclaims101
