Dr. Jeff on Nostr: As expected, CPI is mildly accelerating in both MoM and YoY terms. š Both ...
As expected, CPI is mildly accelerating in both MoM and YoY terms. š
Both inflation and underlying economic growth should generally increase in the US as we head into 2025.
This is a good thing.
Recessions simply don't happen in the setting of underlying growth and increasing inflation.
And stocks (and bitcoin) generally don't (majorly) crash without a recession.
Ignore the Recessionistas... who are (amazingly) still out in full force... and remain (shockingly) wrong.
Rather,
1. Head down.
2. Work hard/smart.
3. Stack sats.
(This screenshot was taken from TradingView.)
Both inflation and underlying economic growth should generally increase in the US as we head into 2025.
This is a good thing.
Recessions simply don't happen in the setting of underlying growth and increasing inflation.
And stocks (and bitcoin) generally don't (majorly) crash without a recession.
Ignore the Recessionistas... who are (amazingly) still out in full force... and remain (shockingly) wrong.
Rather,
1. Head down.
2. Work hard/smart.
3. Stack sats.
(This screenshot was taken from TradingView.)