As we all know CPI number coming in on Wednesday I think March was the peak and inflation will start coming down and market will rally. We can see most of commodity peaked in March only oil and gas is up
Prices of all other commodity coming down eg lead,Nickle aluminum copper wheat. So I think we have seen the worst.
My 2nd point to support this view is cme is pricing in .75 next hike while powel said .75 is not on the table. So if cpi come under what market is expecting than you will see a massive rally as probability of .75 goes down
My 3rd point buffet just spent $40 billion in q1 so he doesn't think inflation will last long
My 4th point even ubs predicted March cpi was the highest and they see 4% by year end
I am bullish on the market what are you guys thinking?
Sorry for my broken English as it's not my first language
Please leave your review
And where you see fed interest rate by the end of the year My prediction is 2.75 to 3% but market is pricing in 3.25 to 3.5 %
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