US is now somewhere in the middle of the Global Inflation Ra | Mr Bob on Binance Square

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US is now somewhere in the middle of the Global Inflation Rate
Expect to see a 0.25% interest rate cut from FED in the next meeting on Sep 18 💪 
Until then, the market will probably go side ways
#LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions 

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Why a small surge we witnessed on $BTC ? Nasdaq closes up 2%, Dow adds 400 points as tame inflation data fuels market comeback ❕Stocks rallied Tuesday, moving closer to last month's record levels following the first of two key U.S. inflation reports this week. ❕The Dow Jones Industrial Average ended the day up 408 points, or 1.04%, at 39,765.64. The Nasdaq Composite jumped 2.43% to close at 17,187.61, while the S&P 500 added 1.68% to 5,434.43. The broad market index is now roughly less than 5% from its record high from July. ❕The producer price index — a measure of wholesale prices — increased 0.1% last month. Economists expected the reading to show a monthly gain of 0.2% in July, in line with the previous month's reading, according to Dow Jones consensus estimates. ❕The PPI encouraged investors ahead of the more widely followed consumer price index out Wednesday morning, which is expected to show an increase of 0.2% month over month, up from a 0.1% decline in the prior month. The data could give an uncertain market some direction after last week's wild moves. ❕"Today's PPI data gives further evidence that the tide has turned on inflation, especially in services," said David Russell, global head of market strategy at TradeStation. "[I]nvestors who dumped stocks recently expecting lower prices might be frustrated. The other shoe isn't dropping." Or is it a boobytrap by the whales? I’ll go with the above quoted line. #CryptoMarketMoves #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions

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❗️Bill Gates golden question to Warren Buffet! ➖Bill Gates : Your Stocks business is so simple with this capital that you hold anything that goes up by the time and you fill your pockets then why the youngsters and rest of the follows that and gets rich? ➖Warren Buffet’s replied: Because everyone wants to get rich by the night, it’s necessary to just follow the process and be patient. 🔥🔥🔥These golden words of Warren Buffet is for every crypto trader and investor.🔥🔥🔥 #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule #BlackRockETHOptions

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Must go through it, so you can make some bucks.

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