Brutal selling

Reading Time: < 1 minute

I realized why the pundits and the market did not like the new CPI number, it's more than the absolute number. The main worry, it seems to me, is the trajectory, or the acceleration of inflation. And the perception (and unknown) how long it will go #CPI https://t.co/JRoo3W8GQG pic.twitter.com/yXRaDikLbo
— Olive-Capital (@stlplace) June 11, 2022

also

Is President Biden's #Exxon comments more dumber than President Trump's #TimApple comments? $XOM $AAPL #Biden #Trump
— Olive-Capital (@stlplace) June 10, 2022

Btw, I sense the current market probably wiped out a lot of new retail investors (home gamers in Jim Cramer’s words), or many new Robinhood app users.

Last but not least, is this transitory?

Is that inflation?

Sound ON pic.twitter.com/sUI7E3OhG6
— Wall Street Silver (@WallStreetSilv) June 13, 2022

Share this: