Investors were not that concerned yesterday over a strong than expected inflation report. This morning Fed's Powell said inflation to be elevated in coming months. No change to interest rate policy. And so, traders bought index futures.
Will they continue to buy today? Listen to this free audio.
For subscribers: The Weekly Update is due for Friday or over the weekend. Will discuss model output on oil, rates, dollar, bitcoin, gold, global & US stock markets. Will touch base on the short-term to very long-term of the US stock market.
To subscribe: Critical Point Podcast
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Primary focus on the US stock market and the major grains. Short-term to super-long-term forecasts from the business cycle model, including signals.
Additional model-based opinion/signals include global stock market indexes, interest rates, dollar, bitcoin, gold, oil, the boom/bust cycle of the economy, and the cyclical climate events that can cause crop problems.
Email: rich@ag-financial.com
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