• Investment Literacy Coach
  • Posts
  • Aug 12 CPI shows cooling inflation setting up for an easy Fed interest rate reduction this year

Aug 12 CPI shows cooling inflation setting up for an easy Fed interest rate reduction this year

$BBAI $ASTS $IOT

Market

“Perplexity, the AI search company, made an unsolicited bid for $GOOGL ( ▲ 1.75% ) Chrome at $34.5 Billion. The company itself is valued at $18B currently.😊 😋

Markets rocketed up on news of benign inflation

Given that Inflation was 2.7% inline with expectations and no significant impact from the tariffs so far, the Fed will feel comfortable in cutting rates twice this year is the expectation, which should get them to below 4% by year end.

Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.

Insights from the portfolio

Video of the day

Today’s video is on Samsara $IOT ( ▲ 2.68% ) the Internet of things hardware and software company.

Deep dive of the day

Good setups for swing