Lighter Than Expected (2 minute drill)
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The next 48 hours could be significant investors, as they attempt to digest several important economic data points:
- CPI comes in lighter than expected at 7.1% vs 7.3%
- The Fed has its December rate announcement on Dec. 14th
- Could we see some dovish comments or more doublespeak?
Also, SBF was arrested.... strangely, he was taken 1 day before he was scheduled to testify. Odd timing for sure. More and more, this FTX thing appears to be another scam where custody is at the heart of the issue.
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