I'm from Germany and for the past 3 weeks im on the edge of putting my savings into SP500(i also got 2000€ bonues from my work).
I've been analyzing data for past 2 weeks and there are so many indicators pointing that CPI is going down. Now its a bit of gambling but i know today is gonna a good CPI data and market will do 3-4% up. I also knew we're gonna have a small pullback to 3900 before going 4100+.
Jpow speech tommorow is not gonna be hawkish because he is aiming for soft landing and i think he will actually do it. I mean its a perfect soft landing scenario, inflation going down,crude oil down, earnings still decent, unemploymet low, gdp q4 growth..
Also sincd year 1950 market ALWAYS bottoms when inflation peak, and obviously inflation peaked.
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