Good morning STB!
Ukraine war turned dramatically with Russia breaking through front line near Potrovsk. Ukraine no longer has the manpower to hold Russia back. They are literally running out of soldiers, not to mention everyone is tired of the war. Ukraine may military collapse.
Good v evil
On to the lie -
Minis flat ahead of CPI. CPI may give us some clarity, especially towards a rate cut or not. Stagflation seems to be a rising popular thought amongst fringe economists. Liquidity issues are a possibility, but then they aren’t as the printing will continue. We’re approaching 38.8T in debt now. Globally, nothing is very good rn. As got the charts, look for a lower top. Market value consolidation in the top names a a record only seen in ‘29 and ‘99. Bottom line is the top 10 are holding everything up at this point.
Have a good day.
GL and GB!
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