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Market Outlook

As I expected and all my projections pointed out, the market rallied. Tomorrow, the market is poised for a choppy to-up move unless… and yes, here is the big BUT. We will have a CPI report tomorrow, which will shake the market significantly. Since July, the CPI index has been dropping significantly, so one would expect the trend to continue. If so, expect the market to go up, as bad news is good news, and a slowing CPI means the FED will be slowing down their rate hikes. If, however, the CPI comes up stronger, the market will puke on fears of the FED raising the rates more and longer. Old and boring story. But it still rattles the unstable investors. I expect contraction and, thus, market rallying, but we need to be open to other outcomes too.

Market Outlook

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