Let's review the CPI data released last night, which directly led to this wave of sharp decline in the market.

The previous value of the data was 2.5%, the expectation was 2.3%, and the actual value was 2.4%. We can see that the overall data is still in line with expectations, but why is the market fluctuating so much?

In fact, it is obvious that the current capital market does not believe in the authenticity of the data released by the Federal Reserve. It is a very simple truth that capital will only vote with its feet, and the butt determines the head;

In the current situation where the Federal Reserve cuts interest rates and geopolitical conflicts intensify, international oil prices are rising wildly, and inflation is impossible to maintain the previous value or even decline;

Then through the data, we can see that even if there are problematic data, they only dare to be slightly lower than the previous value, which also reflects that the real inflation is actually on the verge of getting out of control. When the revised data is released, it will inevitably cause a sharp decline in the market;

Therefore, capital institutions voted with their feet and there was a sell-off, which caused the market to fall directly below 60,000. This is the real capital market, and lies are everywhere.

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