Jan. 19 at 7:25 AM
$SPY $QQQ What I wrote earlier about the global economy matters just happens to really matter now becausE UK just overshoots its YoY 2021 inflation CPI #, YoY highest in 30 years, 5.4%..
So UK is right in trouble with USA dangerous INFLATION! 😱🚨
This will be huge--and help to put pressure on USA markets. FED here will almost most certainly be forced to air to caution & be the global example of starting inflation retardant policies.
Germany is next, it's CPI reported soon later tonight. The both of them with high #s will most assuredly scare USA policymakers at FED to take direct action here.
This is with potential to get Greece Bankruptcy ugly folks.
Also, Japan and Kuroda are OK right now but they easily could MISS on their 2% target for inflation as Kuroda would then be confronted with new problems @sonicmerlin
$ES_F $GLPT