GBA Presents: RADIO SAVANT-!

GS gave up yesterday: Good contrary indicator:

Goldman Sachs analyst… eBay downgraded to Sell from Neutral at Goldman Sachs » 20:40 EBAY Goldman Sachs analyst… Roblox downgraded to Sell from Neutral at Goldman Sachs » 20:39 RBLX Goldman Sachs analyst… Netflix downgraded to Sell from Neutral at Goldman Sachs » 20:38 NFLX Goldman Sachs analyst…

Naz is about to OUT PREFORM-!
 
Germany has no glass bottles for their beer... This glass bottle shortage is global!

O-I Glass price target raised to $16 from $14 at Deutsche Bank 07:25 OI Deutsche Bank analyst…
 
7.9% Inflation rate-

That's all it would take for a big rally>

8.1% <------ IS the GBA Prediction/ hope

"There's a bit more chatter, call it whisper numbers, for the Consumer Price Index being a little north of expectations," said Liz Ann Sonders, chief investment strategist at Charles Schwab....

What of slightly south?

Snapshot:The consensus estimate among economists predicts an 8.3% increase for the main CPI number, which would match last month's figure, but mark a slight slowdown from the record 8.5% seen in March.

5.7% Core-

That's all it would take.


A fair dose of pessimism is still out there as soaring energy prices show no sign of abating and price tags continue to be marked up at the supermarket. Last month, the services sector also accounted for about 40% of inflation, which will be harder to reverse and risks becoming more embedded in the U.S. economy. Core CPI, which excludes volatile food and energy, could provide some more clarity on that front and is expected to cool further to 5.9% Y/Y in May (from a prior 6.2%).

Commentary: " Demand destruction is tough to quantify. But in my life their has been
some." Says stoned investor head of trading at gummybear advisors and economic lead chair.
 
Back
Top