US CPI Preview: Will Trade War Fears Push Headline Inflation Back Above 3%?

ELON MUSK-LED GROUP MAKES $97.4B BID FOR CONTROL OF OPENAI: WSJ

@JohnKicklighter traders are remembering that headlines rarely turn into policy under Trump

to be fair, it's solely a plan to fight inflation. "My plan to fight this zit on my nose is to fly a fighter jet into the side of a cliff" *is* an effective plan, albeit not the one I would choose.

📈📉DAILY MARKET VIDEO📈📉 🤷Trump threatens 25% tariffs on steel and aluminum, broad "reciprocal" tariffs - traders shrug 📅 Powell's Congressional testimony and US CPI in focus 🥇 Gold breaks to record highs - see the key level to watch BEFORE $3K

@_sovereignindi_ @DeItaone

decreasing aggregate demand seems like a risky idea

@CSURAM88 "Square" is right!

TANGLED is better than FROZEN, and it's not close.

Also a well-defined head-and-shoulders pattern on the weekly 👀

Regardless of your views on the Trump's policies, his administration is absolutely lapping Biden's in communicating economic news. This is the 2nd interview NEC Director Hassett has given today, and I just had to look up who Biden's even was (Brainard)

I was surprised by the lack of dollar strength after #NFP in this morning's webinar, but it appears to emerging to an extent heading into the afternoon, helped along by the revival of some tariff talk. Further $DXY bounce potential as long as we hold 107.50 support IMO

Whoa - inflation resurgence? Or just a one-off spike in expectations? Hard to see an H1 Fed rate cut if this data maintains.

ROOM is open - starting in 3!

👎BAD NEWS: No morning video today. 👍GOOD NEWS: It's because I'm hosting my Live #NFP Analysis webinar! Register here for FREE:

@TurnerNovak

NFP Preview: Is the Stage Set for Another Strong Jobs Report (and USD Rally)?

Initial jobless claims came in at 219K, above 214K expected but still near historically low levels. Steady as she goes for NFP leading indicators 🫡