Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.79

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4:00 PM EST

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To: rxbond who wrote (205206)	12/12/2024 3:03:36 PM
From: GROUND ZERO™	1 Recommendation Recommended By rxbond of 221364

The government data shows that new jobless claims were higher, this suggests that more people are out of work... This alone would suggest lower rates, BUT there's also rising inflation, inflation did rise significantly over the last quarter and didn't go down as "they" said it did... So, despite rising unemployment, lowering rates right now would only increase inflation and not reduce it... The ONLY way to reduce inflation, and this has been true since the beginning of time, is to increase production and supply... For example, if there are more apples for sale then the price of apples would surely go down... But, the FED and the government are backward thinking and they use a model that has been proven wrong from the beginning of time... Lowering rates with increasing inflation will only further accelerate inflation and we will have even more jobless claims next time... Like a dog chasing its tail... The market itself apparently doesn't agree with the FED's conventional thinking which has been proven wrong from the beginning of time... So, I bought loads of TMV this morning at 35.01 and feel pretty comfortable with it... So, I'm taking a chance and will see how it goes... GZ

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