Daily General Discussion - December 15, 2022

NGL I was expecting us to be way higher today. My logic was this: we pump on lower CPI to 1400s (we did, but to 1330), FOMC rate hike 50 bpi will be a nothing burger (which I think it was) but new dot plot will bring us lower (it did but from 1340 to 1270, instead of numbers like 1450 to 1400). Today’s numbers - european bpi and us jobs - I had no opinion of. Anyway, slightly disappointes but cautiously optimistic, since we hold nicely to 4 digits and I hope we will have a rally eventually based on lowering CPI, y2y comparisions becoming easier to generate nice numbers and I think stocks are a bit overreacting on that new dot plot. Nothing will surprise me at this point though.

/r/ethfinance Thread