Posteo

Don't be a Monday morning quarterback; tonight's PPI will most likely meet expectations as well. Yesterday, July CPI year-over-year was 3.4%, month-over-month only 0.1%, confirming mild inflation. Tonight's PPI annual rate is expected at 4.9% (previous 5.5%). If it meets expectations, it will just continue the cooling narrative established by the CPI, not a new surprise. After the CPI release, ETH surged to 1,924.97 then immediately dropped over 70 points to around 1,870, indicating a "buy the rumor, sell the fact" scenario is playing out— Even if PPI meets expectations, it is unlikely to trigger a second sustained rebound. Most likely, it will also surge then fall back.#CPIEasesHikeBets #AIInfraEarningsWatch #SpaceX99%ValueFromAI