Disliked{quote} Those inflation numbers are pro cut. The employment numbers are pro cut. Pro cut gives the bullish outlook on stocks. GDP .5 GDP appears pro cut. All these are pro market rise. When the oil inflation number comes. It will be anti cut. Institutions know this. This is how stagflation works.Ignored
They see the bad GDP, bad employment numbers. Bad employment number means less widget sales. Higher inflation outlook. The sales price of equites is based on future earnings. The future looks bad. Stocks fall. Its hard for the fed to cut with the oil inflation coming. If stocks don't drop now. Those numbers will hit in the next months data. Institutions already know those numbers will be bad because of the price of oil.
those who can, do. those who cant, talk about those who can