The May CPI report out Tuesday showed price increases continue to moderate, likely securing a pause in the Federal Reserve's rate hiking campaign that has pushed interest rates to the highest level since 2007.
Honestly, the whole market feels grossly overbought right now. 🤔
The labor market is so tight right now it’s hard to see inflation cooling too much. That and the government printing bucketloads of money make me a little nervous of what’s ahead.
The labor market is so tight right now it’s hard to see inflation cooling too much. That and the government printing bucketloads of money make me a little nervous of what’s ahead.