Post by
1234bmth on Sep 10, 2024 7:31pm
Market tomorrow
If inflation news is favourable tomorrow, it is a good time to add oil stocks, but if the news is not favourable, I think it is time to get out of the market.
Comment by
Tradestay on Sep 10, 2024 8:09pm
Ridiculos, google last 3 years all the talk about is recession and weak demand and here we are at record low inventory after the lagest SPR release. Inflation is turing the corner, centra banks have start to cut rates. The fed will join.
Comment by
Cobalt on Sep 11, 2024 8:50am
Actually, one would prefer very weak inflation figures to enable a 50 basis point cut, prompting the markets to anticipate stimulus measures. If inflation remains high, the Federal Reserve is likely to maintain its position, which could result in a continued economic slowdown. It came inline so we keep slowing with very little stim, 25 cut.