Inflation is breaking and Santa is coming early first target $SPDR S&P 500 ETF Trust(SPY)$ $690+ đ
This report quietly flipped the FEDâs calculus:⢠CPI YoY: 2.7% (down from 3.1%)⢠Core CPI YoY: 2.6% (down from 3.0%)⢠Core CPI MoM: +0.16% (nearly HALF last month)Add this:⢠Jobless claims still elevated at 224K⢠Philly Fed at â10.2 â growth is coolingTranslationđInflation is decelerating without demand re-accelerating.Thatâs the Fedâs dream scenario.Lower inflation + softer growth = more confidence to cut rates, sooner and deeper.Liquidity expectations rise â multiples expand â risk assets melt up.This is how Santa Claus rallies start:Not with euphoria but with falling inflation, soft data, and a dovish Fed reaction function.Its not too late to di