5 sats \ 0 replies \ @siggy47 10 Nov 2022
I'm a bitcoin maxi, so I'm happy to see the post cpi boost, but this seems ridiculous. Inflation is still over 7 year on year, and I am not sure the fed pivot will happen off of these numbers. The FTX mess is still unresolved, so I wouldn't bank on a bitcoin rally. Maybe I'm just bitter because I want more time to buy cheap sats!
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0 sats \ 0 replies \ @ln_cortado 10 Nov 2022
- Core CPI 0.3% month annualized is 3.66%
- CPI 0.4 month annualized is 4.91%
A sign in the right direction, but not close. Even if M/M prints very good, the Fed would want a few months of straight prints
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