The Market Ticker - No, Gentlemen, There Will Not...
…. be a bunch of rate cuts.
What was my prediction in my “look forward” ticker? Exactly this; inflation is not over, there is no rate cut mania coming, and if you’re betting on more multiple expansion in the markets as a result, whether in real estate or stocks you’re wrong and are going to be ruined, especially if you have leverage on in either.
Why? The CPI report, to be specific.
Yes, there was a bit of good news in there in the form of fuel price declines, which we’ve all seen at the pump. However, the rest of the news…….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=250492
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