Stock Prices are AMAZING! Why the CPI Reading will Not Influence the FOMC this Week!
Blake Morrow sits down with Eric Basmajian from EPC research to discuss the markets, and the economy. Eric points out recent cyclical trend and the slowdowns and how that will eventually effect the broader markets. Only a few of the “big names” are keeping the markets up currently.
Eric also discusses the CPI data release and how it shouldn’t influence the FOMC into next week.
Eric also talks about China and the recent actions of the PBOC. But more importantly, he shows how in the coming years China may struggle due to population changes in the workforce.
0:00 – It is amazing Stocks are where they are at
1:30 – Stock Technical Analysis
8:30 – Inflation
15:00 – China Situation