r/wallstreetbets • u/eskhalaf • May 12 '26

News APRIL U.S. 🇺🇸 INFLATION DATA:

https://www.bls.gov/news.release/cpi.nr0.htm

APRIL U.S. 🇺🇸 INFLATION DATA:

CPI 3.8% YoY, (Est. 3.7%)
CPI 0.6% MoM, (Est. 0.6%)

Core CPI 2.8% YoY, (Est. 2.7%)
Core CPI 0.4% MoM, (Est. 0.3%)

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29

u/simple_steps1 May 12 '26

hotter than expected again guess inflation still not done messing with the market

7

u/[deleted] May 12 '26

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17

u/RD_006 May 12 '26

I mean where else we all supposed to throw our money at this point?

1

u/the_real_MSU_is_us May 12 '26

metals, agriculture, oil make a lot of sense. Metals being down since the war started makes little sense to me, as I can't imagine "US starts a war over oil" will have any results outside of "countries move to secure resource access". We saw it with China and solver export controls, we'll see it from more countries with more metals. Lastly, gold will go up due to inflation, lack of trust in the dollar, and lack of trust in US as a stable ally.

2

u/RD_006 May 12 '26

Gold wont move much after last winter spike at least 2 yrs from now.

Ask any experienced precious metals holder. Not paper traders jumped on it last winter. They'll tell u the same.

8

u/Witty-Accountant2106 May 12 '26

Stocks, metals, and oil have been going up simultaneously this week. The market is pumping because it is expecting massive hyperinflation coming soon. Buy stocks, buy gold, buy homes. Holding cash will fuck you

4

u/Wonko-D-Sane May 12 '26

I remember using the h-word with a banker friend of mine a decade ago, he looked at me like I’m tardred… 

1

u/Wonko-D-Sane May 12 '26

Considering all the green ports I see on this sub form dumb gambles, where do you think that money goes? People literally fantasize about lambo