Yesterday's GDP and inflation data released were both higher than expected, indicating that the current US economic situation is actually overheated. However, the market still expects a rate cut in September. The fact that the data does not support a rate cut shows a significant expectation gap between the market trend and the actual situation. This expectation gap is exaggerated. Once the expectation of a rate cut in September is not met, a big dump is on the way.
Tonight, core inflation data will be released again. As long as the data results are not lower than expected, I believe there will
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