Beware of the bull trap.
The CPI announced a 7% inflation rate. with gradual increases to interest rates denying what congress wanted.
this "Bull run" is BS. Inflation is higher than ever, and regardless interest rates are going up and only going to continue to go up. the federal reserve is preparing to sell off bonds. the Dollar dropping and the DJI seems to be peaking struggling to gain a new HH.
This to me is a bull trap.
we most likely will see a new HH but be warned. the bears are not out of the woods.
this "Bull run" is BS. Inflation is higher than ever, and regardless interest rates are going up and only going to continue to go up. the federal reserve is preparing to sell off bonds. the Dollar dropping and the DJI seems to be peaking struggling to gain a new HH.
This to me is a bull trap.
we most likely will see a new HH but be warned. the bears are not out of the woods.
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