Post by
clubhouse19 on Nov 10, 2022 10:20am
Inflation numbers
Nice to see the pause but most of the decline is due to medical care...used vehicles and clothing costs
Hardly a reason IMO for the rise in the market as we see it today.
A trader's paradise knowing fully well this will not really have any legs to hold.
Nevertheless, the high and lows in BBD and the banks today weretaken fully advantage of.
Certainly will give the bomber some tailwinds contrary to headwinds.
Comment by
Truthifest on Nov 10, 2022 3:06pm
I trust Siegel. Of course that doesn't mean he's always right, but his explanations and opinions always seem very reasonable to me, and he's always well prepared. Regarding housing costs in the US, things have softened considerably. Just a big lag in the CPI's housing data, so that will only show slowly over time. Sounds like opportunity to me...