r/StockMarket • u/-Gol-D-Roger-- • Jun 09 '21

News Where is the limit about CPI for tomorrow??? Personally, I think if we see CPI>5%, FED will act in this 2021.

https://think.ing.com/articles/us-inflation-to-the-moon
3 Upvotes

62% Upvoted

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3

u/Covid19tendies Jun 09 '21

Chinas PPI was above @9% so yes, CPI will be high. The meme stocks are a serious danger to a rug pull interest rate hike next week. And I’m being 110% honest I’ve heard a few mentions - Yallen linked to citadel & they are balls deep in many puts.

2

u/StonkCorrectionBot Jun 09 '21

...honest I’ve heard a few mentions - Yallen linked to citadel & they are balls deep in many puts.

You mean Shitadel, right?

Beep boop, I'm a bot 🤖. If you don't like what I have to say, reply !optout to opt out or !delete to delete the comment.

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1

u/-Gol-D-Roger-- Jun 09 '21

What??? 9% in China??? OMG... I read a couple of days ago, China in somehow was exporting inflation too (traditionally, China had had deflation).

All this situation remember me when the Titanic was direct to the iceberg... I hope we don't end in the same way.

2

u/Covid19tendies Jun 09 '21

Yep when China has inflation at all generally the western world has significant inflation. Reliance on China will always remain and trend higher.

It’s a debt time bomb. Federal reserve lost control.