LIVETomorrow is the announcement of the "fresh" US CPI rate.
Forecast: inflation will decrease from 3.5% to 3.4%.
Declining inflation = a good signal for the growth of financial markets.
But the tweet from Mr. Biden adds some "spice".
President Biden: wants to give new home buyers $400 per month for 2 years to help people with housing.
This is either a pre-election promise or a good opportunity to start the “printing press”
And now for a bit of conspiracy theorizing:
Let's assume for a moment that Biden knows a little more than we do. And tomorrow it will be announced that inflation has fallen not to 3.4% but to 3.2% or even 3%.
This will definitely cause a powerful surge and growth in the market.
The last thing that comes to mind is how massively $ were printed and distributed in the spring of 2020 as financial aid during COVID-19.
Do you remember how the crypto market grew then in 20\21 from an additional portion of “retail's crazy money”?)
So where do you think the
price will go in 24 hours?
👍 towards $71000
👎🏿 towards $56500#CPI_DATA