TSX:AX.PR.E - Post by User
Post by
garyreinson Sep 07, 2024 1:35pm
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Post# 36213241
ELEPHANT IN THE ROOM.
ELEPHANT IN THE ROOM.Crude has buckled, headline CPI should be good. Also last quarter of 2023 PCE was 0% and 0.1% for Oct-Dec. What happens if we get that again or a deflation -0.1%? Could they really say inflation is gone and then rates are 250bp higher than neutral? Seems like a dire egg on the central banks face.
I am banking on a nice euphoric rip again by Dec/Jan...then after that, all bets are off+