US CPI rises to 2.6% yoy in Oct, core CPI unchanged at 3.3% yoy
My Remark: I believe most of the fund managers are still waiting for Trump's cabinet to take shape before he begins his presidency on 24 Jan 2025. In fact, market has been constantly re-positioning itself, depend who is next he appointed as new cabinet members... Since analysts understand today's markets are extremely speculative and the price volatility is much bigger than ever before, we need to learn profit taking or cutting loss fast enough to avoid trends switching in direction. With Q3 earnings are coming to an end, funds may re-channel back to U.S. as dollars is strengthening and also getting ready into positions for the coming of Trump's 2nd term
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