Atlanta Fed President Raphael Bostic said Thursday he is going to stay open to the possibility that if economic data comes in stronger than expected there will be a case for higher interest rates in the coming months.
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The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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1. 🚨 Message me any questions: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 $150 OFF (LIVE TRADING): https://bit.ly/150OFFLPPNOW
3. 📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
4.🖥 #1 Trading Mousepad https://shoptechbuds.com/
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For those who are interested in Trading & Investing, I encourage you to join Our Free
Trading Group of over 300,000!
#inflationreport #cpidata #stockmarketcrash
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
So are we entering a bull trap right now and what that means is it's people are asking the question, is this a false push up just to really trap a lot of bear uh, bold Traders right people that are going long on the market right before the market actually drops and we talked about this in my live trading session today with the Learn Plan Profit Team and I wanted to bring it up um and let you guys kind of like uh, make the decision What do you think right? Uh, the reason that the market started going up yesterday is because Atlanta Fed President Raphael Bostic said on Thursday that he thinks that based off of current economic data that he would prefer a 0.25 interest rate hike instead of anything higher. The part that is kind of concerning is that people are not taken into consideration that well Atlanta Fed President doesn't actually have any voting rights when it comes down to the next interest rate hike. So why does it actually matter what he thinks right? Because we all know one thing and it's not a it's not an opinion. it's about our previous CPI data report.
Our previous CPI data report came in hotter than expected. Our next CPI data report is in just two weeks. It's March 14 2023 at 8 30 a.m I will be live streaming this on my YouTube channel so make sure that you guys do subscribe. but if we have Bostic that is saying this then why is the market going up right And this is where it brings the concern of like is this actually a bull trap Because if you think about the significance of his opinion, it's not very significant.
It's not like Jerome Powell The head of the Federal Reserve said this. It's someone that can't even vote on the next interest rate hike is giving an opinion, right? So to me it's kind of just baffling that the market is reacting in this way. Now Does it surprise me based off of yesterday's performance that the market is in the green today? No. definitely not.
One of the things that I want to talk about is the NASDAQ Market such as QQQ is trading above the EMA for the first time since we've got gotten rejected back in the middle of February right? So February 16th we broke below it. We've been making lower highs and lower lows ever since then, but as of today we have broken above that EMA and we are finally making and showing signs of a break above that EMA Now this is where the concern follows, right? because one of the things that he said in the statement and again, we can just follow up with this. So he's saying I'm going to stay open to any possibility that if data comes in stronger than expected then I will adjust my policy trajectory and what I take of that is I mean he says that he would prefer, right? Everyone would prefer a lower interest rate hike because of course the market is not going to like a larger interest rate hike. But what he's setting up for again, this is just like when Jerome Powell had his discussion in Washington DC This is the way that I see it all they're setting up for is of course we don't want to raise interest rates more than we need to, right? But if on March 14th economic data or this inflation report if it comes in higher than expected once again, which I think it will I don't know if you guys have seen gas prices in my area are going back up again and gas prices and oil and energy are the biggest contributor to our current inflation rate. If we see that on March 14th inflation comes in hotter than expected, this will only support a larger interest rate hike. That is it, right and what will happen Okay Well the next interest rate hike if I'm not mistaken is going to be uh, in March 22nd or March 23rd something like that about one or two weeks after the CPI data report. So once this report comes in hotter than expected, it doesn't matter about this little short-lived rally. One thing that I need you to take into consideration is all dependent on our next CPI data report.
As of now, we are above the four hour, four hour moving average and the four hour EMA. that's progress. That's a step in the right direction. but I just want to make sure that you are not sold on the idea that the market is going to make a full recovery because what we have next is something much bigger.
And it's not just an opinion, but it's actually something where the market will react and it's not going to just be a one or two percent move. It will be a significant move, especially if inflation reports to be coming in hotter than expected. So make sure that you stay tuned to that and again I will be live streaming the next. CPI data report.
So all I literally ask you to do is drop a thumbs up, Get this video to over 1500 likes and subscribe to the channel. So I can keep you up to date now like many of you guys have seen. We did kick off our Nissan GTR giveaway today. So today is the start of our giveaway March 3rd, 2023 It starts today.
If you want to learn more about this, either click the second link in the description down below or if you want to enter by joining uh, by buying stuff through Techbuds apparel. that's the fourth Link in the description down below. But let me explain on how you can enter. There's two ways on how you can enter this giveaway.
The first way is if you haven't signed up for learn, Plan Profit already for all new members just for signing up, you will automatically earn 5 000 entries. So if you've already wanted to sign up for Learn Plan Profit 2.0 but you've just been waiting, well, now is your time. You get automatically entered 5 000 times just by signing up for Learn Plan Profit 2.0 On top of that, you can also purchase stuff through Shoptechbutts.com Just like every other giveaway we've hosted. Every one dollar that you spend it equals five automatic entries and we break it down for you very nicely.
So again, we have a new GTR collection. There's new collections uh, or new apparel that's going to be added every single week. The great thing about this is of course, of course, every one dollar you spend equals five automatic entries. So a hoodie will be 60. Uh, dollars. but it it equals 300 entries. We have T-shirts with 200 entries, 150 entries, 500 entries. One thing that a lot of people are asking is what are these VIP memberships? So there's three tiers of this VIP membership.
Ten dollars, Fifty dollars, or a hundred dollars. They get you double the point on everything that you purchase on the site. So if you end up buying a hoodie that's 600 entries instead of just 300, this is 400 entries instead of just 200.. it's double the points on everything.
On top of that, it's a monthly package depending on the tier that you choose that you get on a monthly basis. We are also going to be flying out one of our VIP members every single month to experience a two-day all-expenses paid trip with me and the team here in Arizona. So again, that's for our VIP members. So there's two ways on how you can enter the first way as you can sign up for Learn Plan Profit 2.0 and you get entered 5 000 times.
That's that second link in the description down below or fourth link down below Shop Techbuds.com for everyone. dollar that you spent it equals five automatic entries. Unless you're part of our VIP membership, then it's one dollar spent equals ten automatic entries on everything on the site. So that's the full breakdown.
If you want to learn a little bit more about the giveaway and what's included, especially if you want to learn more about the GTR or the 50 000 cash, then make sure you scroll on down where it says Shop Tech Buds learn more about the Tbg Number One Giveaway which is Tech Buds Giveaway the number one. This is our biggest giveaway that we've ever done like this. and again, it breaks down everything you need to know about the car, what it is. Um, and it's a 2019 Nissan GTR track Edition So I I I'm still just like lost of words I I'm so excited I'm nervous but I'm excited to be giving away this car.
uh and again I Can't believe one of you guys is going to be walking away with uh my, Nissan GTR or 50 000 cash right? I guess if you're not a car person Um so very excited to follow up again. If you have any questions, feel free to send me a direct message either via Discord or via Instagram and that's the first or third link in the description down below. I Am using the Weeble trading application and that's the fifth Link in the description I Appreciate your time And one of the last things that I want to remind you is remember it only takes one lucky entry to be our GTR giveaway winner and you can't win if you don't enter like always. Let's make sure that we end the year on agree.
Now take a DJ team.
Keep calm and DCA on
Your the truth! I watch you like CNN of forex ! I definitely joining the team !
Amazing video and thank you for breaking it down!! Despite the economic downturn,I'm so happy☺️. I have been earning $ 15,200 returns from my $7000 investment every 14days💱
Always very wise content!!
the gtr is worth more then the 50k… whats the point of the cash? 🧐
I dont think it was a bull trap. Markets will continue to go for next couple of weeks.
Sir what you are speaking give words on screen so that I understand. I have pronaunsasion problem to understand you. And to watch video several times, 💖🥳
Idk why people insist on a particular bull or bear case! Just play the market as it goes you shouldn’t be really holding anything at this point! Be both bear and bull matter fact don’t be any just play it when it goes up or play it when it goes down! You don’t tell the market what to do it tells you what it’s going to do weather you like it or not! The people who go into the market thinking it will go one way tend to get rammed !! A Blank mind is how you shouldaproch the market and patiently wait for it to tell you wich direction it will pick for the day!
SPXL, in and back out today. Fantastic.
I’m liking it
Monday it could continue but the rest of the week it’s going to be volatile.
Inflation report for February is going to come in hotter than the Fourth of July fireworks show.😆
I'm so happy I made productive decisions about my finances that changed my life forever. I'm a single mother living in Melbourne Australia, bought my second house in January and hoping to retire next year at 41 if things keep going smoothly for me
powell testified next week. also, jobs report next week!
Bull cycle begun oct 22
Been holding the bears for two weeks. Ughhhhh
Why have all these reports suddenly been so damn important to move markets, when did all the media start manipulating.????
He has no voting rights but he and his elites definitely are trading 🤬🤬🤬🤬
Clown
Not a bull trap. The market is going back up. Don't follow Ricky and lose all your money.
I never understood Dimond hands ppl. When you could made money on both sides daily. Peaple who hold stocks Dimond haned lose so much money that could have been made playing the ups and downs.
Geez, stop looking at the news and reports. They are made up for distraction. We are in a bear market and this spike up is perfect opportunity for a short position. The markets are controlled, how do you not know this by now? How does this make sense otherwise? I've been trading for 24 years and that is one of the first lessons I was taught by my mentor.
You sold everything Thursday? Oops, you sold way too early! Good thing you have a channel dedicated to pumping out that bad information to everyone! 👌
This is y we short the market folks
When guy who’s said that it’s short time try to provide any thoughts why it’s bull trap after 3% 😂😂😂
Squeezes like this aren’t sustainable and with barely any consolidation we about to drop quick and hard. It’s a bull trap.
The life entry is over in the plan??
Exhaustion gaps on ten and thirty years yields, followed bh the island reversal gap today. Yields exhausted at the moment will be coming down in the short term, could get us another new yearly high before this ascending wedge breaks down
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
is it any coincidence that the fed speaker to day had to postpone because of porn being played on the zoom chat I mean why rally from a man who has no voting rights now I get everyone know this but clearly algorithm don't it scanned 25bp and pause and boom market bought up then every fucker piles on the ride madness mm gotta hedge f of squeeze the drop is gunna be just as fast tho
These days i feel that even the Fed guys fart this could move the markets..
Liquidity Exit.
I don’t think that was the reason because I’m sure it was the market makers manipulating the market
Repeal PDT Rules ! … call , email or write to your senator or house rep … lets make it happen !
Where’s the bull trap dildo?