RE:RE:Action Time ??? Up 7.3% US ?Markets appear to be up due to a muted inflation report. Funny thing is, the #1 indicator of inflation are asset prices (houses, stocks, etc.) which are in a bubble. You don't have bubbles withouth inflation.
Once the market realizes that the interest rates will be raised at least twice more this year and won't be heading back down anytime soon, the party will be over.