Wednesday, June 26, 2024

Just say no to plant burgers

Also, inflation isn't going away
 
   
     
Wednesday, June 26th
 
“Contemplation often makes life miserable. We should act more, think less, and stop watching ourselves live.”

— Nicolas de Chamfort
---------- Markets Today ----------
 
🌏 Asia-Pacific: Up
🇪🇺 Europe: Down
🇺🇸 United States: Up
🛢️ Oil: Down
⚡ Crypto: Down

 
------- Major Market Events -------
 
Just say no to plant burgers: McDonald's pilot program fails (link)
 
People wore shoulderpads last time this happened: The Yen falls further to lowest levels since 1986 (link)
 
Small caps tumble: Small cap stocks on track for worst start to the year in histroy (link)​​
🤔 My Thoughts 

Well, the much anticipated rate cuts won't be coming. tomorrow the PCE inflation data is being released, and I think it will come in higher. Both Canada and Australia have reported increased inflation this week, and whil;e there are country by country difference, there are many similarities between G7 countries. 

Infalation is here to stay, just like I've been saying for months

 
 
Politicians are using this to outperform America’s Biggest Hedge Funds
 
 
It shouldn’t be possible, but despite their multi-million dollar algorithms and highly-paid quant traders…

Hedge funds like Citadel and Bridgewater and Associates are getting absolutely floored by American Politicians on the stock market.


Click here to discover how they do it.
 
To Better Trading,

Alex Reid
Wealthpin
 
WealthPin
   
     
   
 

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