I was optimistic about CPI before the non-farm data last week.
However, as time goes by and the URPD data on the chain changes. I see:
There are profitable whales who continue to sell;
The PPI data in April unexpectedly rose, which will cause CPI to fluctuate in June;
The US stock index has risen outrageously;
Biden may withdraw from the election, and it is meaningless to falsify data again;
Last month's CPI was 0.
So tonight I bet that CPI will exceed expectations.
Don't refer to me.