25 sats \ 0 replies \ @nkmg1c_ventures 15 Feb 2023 \ parent \ on: U.S. CPI 6.4% YoY, est. 6.2%, prior 6.5% bitcoin
We've had so many years of following the Fed and then the recent bigger hikes, this is "bullish" apparently.
It's not all about CPI. People love following CPI and Fed, but total global liquidity is increasing (because Asia lowered rates / printed money as NA/Europe have been tightening, and the overall total global liquidity went on an uptick). This matters a lot because there's now more money chasing equities in total, in theory.