Oil Leads -> PPI -> CPI aka Inflation

20
๐Ÿ’ต Unpopular Opinion๐Ÿ’ต
PPI MoM came in today lower than expected at 0.2! But as we can see here below. OIL price is curving up. OIL leads, then PPI ( Producer Price Index ) goes up, leading to Consumer Price Index goes up! ๐Ÿ˜ญ

Oil ๐Ÿ“ˆ PPI ๐Ÿ“ˆ CPI ๐Ÿ“ˆ

"Soft Landing" they said! More like kick it to tomorrow! Let the future handle recessions and problems! Future Generations pay for our Consumption! Always been!

#Bitcoin will be "The Flight to Safety" as Larry Fink BlackRock CEO puts it! ๐Ÿค‘๐Ÿค‘๐Ÿ’ต๐Ÿ’ต

Shout out to TradingView for being an awesome platform for Investors and Traders! ๐Ÿ“ˆ๐Ÿš€

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.