02/14/2023
older everyone my name is swallow andwelcome back to my YouTube channel andthis is an emergency broadcast when itcomes to CPI reading and the report oninflation which is what we have beenreally waiting for for so long right nowand it just came in it's really freshand it's a very interesting situationright now so I really want to discuss itand tell you as to what I'm expectingfrom the market and as always if youenjoyed the super mega urgent updatesbecause I'm currently in my real estateoffice right here in the middle of Dubaiin the middle of a bunch of meetings butI just canceled one meeting just becauseI wanted to talk to you guys and showyou exactly what's happening so if youenjoy these and you appreciate theseplease hit that like button hit thatsubscribe button and also hit thatnotification Bell so you're alwaysnotified when I make a new upload andalways guys please go down into thedescription this video and join my freeDiscord Channel this is where we postall of my trades and the trades of myteam which is Paramount if you want tobe a Trader and stay in tune with themarket join right now so anyway we havebeen seeing we're seeing some volatilityright now in the one hour chart we'regonna go to a 15 minute short then wesee this kind of a move to the downsideand if you're going to be asking me whatis this Thomas what's going on well wejust received a CPI reading which isbasically right here and this is whatwe've been really waiting for forConsumer Price Index and what we can seeis actually this is the core one so coreone is the most important one uhprevious was 5.7 the forecast was 5.5and it came in at 5.6 so higher than theforecast Market was pricing in at a dropof 0.2 percent but unfortunately it camein at only a drop of 0.1 percent sotheoretically it is a drop so inflationhas gone down a little bit but not asmuch as everybody has anticipated withthis kind of huge rate hikes that we'recurrently seeing so it does look alittle bit weird really to be honestit's not looking that very good andespecially if you're going to look atheadline CPI and the situation is quitedire in my personal humble opinion soand we're gonna talk about myconclusions in just a second so righthere we're gonna see that our previousreading was 6.5 the forecast was 4.2 andthe actual candidate came in at 6.4 soit is a huge difference it's only 0.2percent but when it comes to fed and youknow CPI and just overall inflation thisis quite a huge difference and 0.2percent is a huge difference so whatdoes this mean and this means in myopinion that this just feeds thenarrativethat potentially we could see theinflation being very sticky so weremember that the target of FederalReserve and Jerome Powell is two percentinflation so and the speed at whichwe're going to be coming to that Targetis of utmost importance so if it's goingto take us three years to get to twopercent that's very bad so because we'regonna have to keep the interest ratestoo high for too long thereforesomething is going to break in theeconomy unemployment is going to spikewe're going to dive into a re-sessionthis is what we have been talking aboutand check out this video popping upright here it is an important videowhich actually shows you exactly whatcould happen in a short-term perspectiveso this is uh what we could expect butwhen it comes to the price and this iswhat I really want you guys to payattention to so certainly I've taken ashort trade so I could I could not passup the opportunity to take just a smallshort trade just personally so yes it isI mean if it just moves to the upsidefor some reason then okay I mean it cando whatever it wants to do but I justthink that this CPI read is pretty badso I'm gonna play the CPI read and opena small short trade so yes and again ifI want to see also the trades of my teamEtc then during my free Discord Channellink down in the description of thisvideo but what is in my opinion moreinteresting for you to pay attention toright now is actuallyum the S P 500 and S P 500 oh thissituation actually just changeddrastically so S P 500 when I startedmaking a video this video it actuallyspiked to the upside and now it startedcrashing down so it was really strangedid we grab some liquidity and now we'regonna actually be showing exactly whatshould be happening this is reallyinteresting and when it comes to thedollar Index then we actually also saw aspike to the downside so dollar actuallyshowed some weakness even though in thisinstance with this kind of terrible
