Comsumer spending did not slow down despite hotter inflation numbers and rate hikes. When
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.
So consumer spending was better than market estimate today, resulting in a continue bullish sentiment in equities. However, it might be a short term catalyst as macro issues such as oil price war, inflated treasury yield prices and countries being inflection inside of collaboration d/t Trump strategy to cause tension and divison. Coupled with the traditional “bearish” period coming up as fund managers rebalance their portfolios, let’s see if indices can continue breaking new high, or fall like a knife.[Spurting]
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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