Markets have now fully priced in another FOMC pause next week. Even though commodities have been non-stop higher since the last pause and GDP Now is at a decade high post-pandemic.
Likely they update the dot plot to show more rate hikes this year.
CPI Wednesday. pic.twitter.com/y1vQ9jkOlq
— Mac10 (@SuburbanDrone) September 11, 2023
#gasoline on the verge of a major leap higher. Not going to be good for the inflation is over group pic.twitter.com/B7VTpZsLvT
— Michael J. Kramer (@MichaelMOTTCM) September 11, 2023
Oracle is imploding after hours.https://t.co/KRwv4eT5sa
It was the last major Tech stock to peak in 2021 as well. pic.twitter.com/z4j4KLYSUp
— Mac10 (@SuburbanDrone) September 11, 2023