RE:RE:Inflation data Chrisinvan7 wrote: Over the last 12 months the CPI has surprised the 'experts' to the upside every time and every time the market has responded by rallying because the market is anticipating an eventual rate cut in response to a recession caused by increasing rates. Itll be very interesting to see how gold and the USD respond to what I expect to be another upside surprise.
No, it is the opposite of what you are saying, the market will not go up if there is a recession even if there is a rate cut. The market was rallying due to a recovery from COVID and also Fed was saying inflation is temporary, but since they admitted that inflation will be here for long the market started to go down. A rate increase is better for the market than a recession.