qinbafrank
qinbafrank|May 01, 2025 12:57
Last night until today, the market has been very dramatic. Last night's GDP was negative, but domestic consumption was strong mainly due to net imports. The quarterly PCE was not good, but at the end of March, PCE weakened and the month on month ratio was zero. It is a combination of resilient consumption and weak inflation. At that time, it was discussed that the market should fluctuate at a high level and wait for new catalysts. Last night until today, there have been several catalyst events:
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