Market will try to bounce back but will probably trade sideways for awhile until the next PPI. One reading doesn’t mean it’s trending up, it could remain here for awhile or come back down. In the meantime Bitcoin and stocks will most likely rebound and test highs maybe make new highs until the next reading. Fed will keep rates paused until ppi comes back down then could pivot but might just keep rates paused until economy really breaks and are then forced to pivot.
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