[INFLATION PEAKED] US Wholesale prices rose 0.2% in October, less than expected, as inflation eases

[Orionz]

The producer price index was expected to show a monthly increase of 0.4% in October, according to Dow Jones estimates.

https://www.cnbc.com/2022/11/15/who...er-less-than-expected-as-inflation-eases.html
ALL IN!!

 

[Orionz]

@theMKR
@Weaboo
@EdenHazard

 

[EdenHazard]

All ready for santa rally...

 

[Weaboo]

Bro... pls I scared le

 

[shidenx]

like little kid say eat medicine 1 time ok laio.

Feeling ok liao!! no need rest

 

[Humster]

Inflation still high la.

 

[nachtsid.er]

Blame Russia ?

 

[theMKR]

@theMKR
@Weaboo
@EdenHazard

moi bankrupted liao.....

 

[Weaboo]

moi bankrupted liao.....

Same... from @EdenHazard

 

[EdenHazard]

$BABA
Pre-market 79.23 +7.90 (11.08%)

 

[Orionz]

$BABA
Pre-market 79.23 +7.90 (11.08%)

chu sold riaos
up also no use le

 

[zuoom]

Congratulations

 

[Orionz]

like little kid say eat medicine 1 time ok laio.

Feeling ok liao!! no need rest

huh? huat tok chiuS

 

[The_best2]

Inflation still high la.

no leh.. 0.2 x 12 = 2.4%. Next year this time, inflation will be 2.4% only

share market always looking forward one.. so next year PPI inflation will be around 2% liao

Let say Hokkien mee in Nov 2021 is $5.
Now is $6. So inflation high cos is $1 extra compared to last year $5, so is 20% inflation NOW very high NOW

BUT now the increase monthly is very small say 0.2 cents .. so next year will be say $6.20 in Nov 2023, increase of 20 cents increase compared to $6 Nov 2022, so inflation will be super low liao next year Nov 2023. So next year back to normal. BUT share market always forward looking. U wait until next year then buy shares, too late liao.

 

[en_8_en]

boat is leaving.

 

[Orionz]

no leh.. 0.2 x 12 = 2.4%. Next year this time, inflation will be 2.4% only

share market always looking forward one.. so next year PPI inflation will be around 2% liao

an lah once expectations fizzles, inflation will be gone again

All gd, all gd

 

[Orionz]

moi bankrupted liao.....

so fast meh

 

[archon75@]

so fast meh

Ball is round de mah.....

 

[archon75@]

an lah once expectations fizzles, inflation will be gone again

All gd, all gd

Banzai....cypto got hope Liao?

 

[chongquan82]

buy grab !!!!

next trillion dollar company !!!!

$500 next !!!!