@Tfmonkey with oil dropping below 100$ do you think it's a possibility now or is it just more normie panic
@VooDooMedic 100% normie panic. They think that a recession means inflation is over and the FED will go back to QE and 0% rates by September.
@Tfmonkey does that mean that it's still time to buy or has the fair price changed? also AHHH I'M OUT OF MONEY STOP GOING DOWN I CAN'T BUY ANYMORE
@VooDooMedic The fundamentals haven't changed, but commodities will likely go lower as we approach the CPI and FOMC
CPI high? ZOMG the FED is going to raise rates! Sell everything and run to cash.
SPI low? YAY inflation is over! Sell commodities and buy tech and crypto!
@VooDooMedic CPI = Consumer Price Index. It's a monthly inflation report.
@Tfmonkey what date does that get released and is every month the same date?
@VooDooMedic it changes every month and sometimes skips a month, so look it up.
@Tfmonkey what is the CPI ? i don't quite understand what that refers to, sorry if it's a dumb question