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May 12th tonight at 8:30 PM US CPI inflation data
Unlike other KOLs who ramble on about this and that
Just tell you the result: CPI is likely to be bearish
Why does Da Bing say this?
The US-Iran war led to the blockade of the Strait of Hormuz
Causing oil prices to double, and CPI to soar
Now the US and Iran have a ceasefire, but no successful negotiations
The Strait of Hormuz is still blocked by Iran, oil is at $100 a barrel today, compared to $55 before the war, right? Prices are still rising, so US CPI will likely rise too, right? So tonight’s CPI is probably bearish, and that’s one of the reasons Da Bing is bearish on the financial markets.
The most important thing you follow me for is that I give you the judgment results directly, saving you from pointless thinking.
The Strait of Hormuz is still blocked by Iran, oil prices are still high at $100, and prices are continuing to rise. US CPI is likely to soar as well, indicating economic deterioration.
So I am bearish on today’s market, bearish on this week’s market #Gate广场五月交易分享