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After the CPI data, the US stock market rose, but the strength was not strong! ! !

The CPI data was released, with a sharp year-on-year decline, in line with market expectations. The core CPI data was slightly higher than market expectations. This data is so standard that the market regards it as bad news. US stocks plummeted during trading, and the S&P 500 fell 1.6%.

At this time, the white knight Master Huang came out and said in a word that the demand for BW is too strong and the supply is insufficient. Nvidia rose sharply in response, closing up 8%. As a result, the US stock market rose, and then the global market followed suit.

Cryptocurrency also rebounded. Of course, my view has always been that the rebound at the daily level. And the rebound is not strong, and the rebound will not last long. Now is not the time to get excited.