DrJeff on Nostr: As expected, CPI is mildly accelerating in both MoM and YoY terms. 👀 Both ...

As expected, CPI is mildly accelerating in both MoM and YoY terms. 👀

Both inflation and underlying economic growth should generally increase in the US as we head into 2025.

This is a good thing.

Recessions simply don't happen in the setting of underlying growth and increasing inflation.

And stocks (and bitcoin) generally don't (majorly) crash without a recession.

Ignore the Recessionistas... who are (amazingly) still out in full force... and remain (shockingly) wrong.

Rather,
1. Head down.
2. Work hard/smart.
3. Stack sats.

(This screenshot was taken from TradingView.)