Aug. 14 at 12:42 PM
PPI data came in surprisingly high, all but killing the momentum we were having towards two rate cuts this year.
With PPI spiking, that will transfer over to CPI in the next month or two, producers want to keep their margins and will have to pass on higher prices to Consumers. So even though CPI was good yesterday, PPI is a party pooper.
Luckily you can still make money when the market panics by using inverse ETFs. These are trades not investments, as the fees they charge ensure they drop year after year. But in between that, when the markets get ugly, they’re here for us to use as trading tools when everyone else is dropping.
$UVIX $UVXY - volatility trades
$HIBS $FNGD - directly shorts high beta tickers and FAANG stocks, respectively.
$SBIT - shorts Bitcoin.
