OPEC will cut production by 2 million barrels a day, likely sending gas and oil prices back up. This should cause future cpi data reports to come in higher than expected which would cause the stock market to drop.
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#inflation #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
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.
1. 🚨 Message me any questions: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 $100 (LIVE TRADING): https://bit.ly/100OFFLPPNOW
3. 📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
4.🖥 #1 Trading Store: https://shoptechbuds.com/
5.📊 Free 12 FREE Stocks (WEBULL): https://a.webull.com/i/RickyGutierrezYouTube
For those who are interested in Trading & Investing, I encourage you to join Our Free
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#inflation #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
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.
Agreed with U…..gas cars are becoming worthless as gas is so expensive
Biden OWNS this!
Let's go Brandon!
I own nothing and I am happy!
I agreed 100%, America is perceived weaker in world stage right now with this confused guy in office. That is why opec has a gut to cut production 2 million barrels a day. This gonna only sky rocket energy prices which in turn makes CPI data look worst in the future. The FED is hitting a break on the economy and for sure they will keep hitting a break longer that can lead to recession before they even notice the effect of their rate hike. The economy is really slow right know, with small businesses getting hammered by high inflation and people are already cutting back on spending. It is only the matter of time that this economy will tank! Not good at all!
💯 Ricky!!
Markets were at extremely oversold levels a significant relief bounce is obviously gonna happen, the effects of news like this will likely not affect the market until atleast November
they're not talking about it because left stream media wants their sheep to focus on something else, other than this disaster of the Harris administration.
Let's go BRANDON!!!
"Coming out of the left corner, is the BANKING CARTELS!"
"Coming out of the right corner, it's the OIL CARTELS!"
"Keep it dirty! Have a good fight!"
Maybe it didn't effect the market, because this is kinda old news. I heard this 21 ago at about midnight AZ time and it instantly tanked the SP and Cryptos hard.
Market always does the opposite
Shorts are trapped and screwed
What is the predicted cpi data for September?
Why is OPEC slowing production ?
did anyone else load up on sqqq today?
Thanks Rick. I sent this to 5 friends wbi werent even looking at it .WH freaking out
$UCO 2x leverged crude . Tracks spot price .. Yes it's gonna be separate from what they're measuring for their inflation this is that detrimental l for other reasons.. Everything runs off gas it's what controls all place points . When gas is up company's expenses skyrocket . If you are a perma bull you have to be real careful and take a motion out of it. You will get a lot better dip than this
Man this was SO EASY to predict.. On top of it Biden has released so much of our strategic reserve which we will have to buy back at higher cost Just to temporarily curb gas prices until the election.. a million barrels per day.. Nothing is actually solved in the economy because of a couple of rate hikes.. All that's actually doing is sucking back the trillions banks overlovered themselves with in the bull market. This financial collapse hasn't even begun
Didn't they release these numbers this morning?
Someone with money controlling news is chosing to not talk about this only the news to push the markets higher to trap more people before we head down Friday or next week.
Biden will drain our strategic oil down even more faster now
great video, best of luck!❤️
Please remind us this video when the October cpi comes out. I’m shorting the market after the October cpi
It’s been all over the news. It a up yours America. Pay Attention. The Axsis of EVIL. CHINA, RUSSIA AND THE MIDDLE EAST. ENERGY. ALL IVE BEEN SAYING FOR THE LAST YEAR. WHERE YOUBEEN.
The slow switch to hydrogen, nee tech was just released that can increase hydrogen energy output by 400% apperently.
Why you look so mad?
Like gas prices aren't high enough already.
Disagree… Don't short cause you "think" we should go down…. Trade the price action in front of you…. Predicted Trades has been crushing this rally all week… We hit 10x today in their room to the upside… You should all check them out… These doom and gloom videos seem more like click bait…. What if we gap up tomorrow… Be ready
Exactly bro I hate it how people never talk about the macro and they only do TA. Oh well that's why they finished rektd anyways
Demand destruction is well underway. OPEC can’t stop oil prices for free falling back to $50
Yah oil rallied past 2 days yet so did rest of market, this makes no sense short term
"THEY" aren't talking about it cause "they" want everyone to be confident in an illusion, while the rug is pulled out from beneath the confident. And remember when money is lost, it's technically transferred👍
Big job bro