US Inflation Rate HIT ZERO! But Fed Chairman Damn Sian Leh….

Inflation was good, markets were rallying. US Stock Markets, S&P 500 and NASDAQ 100, were running all time highs, and the Bond Markets were up 1.4%. It was good
And then Jerome Powell came out with his statements.
Markets turned bearish again! The Bonds went back to being bearish, and the stock markets retreated from their All Time Highs. What did Jerome Powell say that caused the Markets to react so strongly?
Find out with Mr Loo in today's video!
1M65 Tele Group: t.me/Loo1M65
1M65 Discord: bit.ly/1M65Discord
Disclaimer: loo.money/disclaimer
Helping Ordinary People lead Extraordinary Lives

[@niu745]

He shows his power Powell! 🤣😂🤣

[@antihunter]

because if he reduce the interest rate, US dollar will flow out of US market.

[@wozy75]

So stock market goes up but usd goes down.. pain 😢

[@hbu8012]

The Fed has to consider the uncertainty in 2 war fronts with a 3rd possibility in the Asia Pacific.

[@choongwahkean6763]

Once the Fed start to lower Interest Rate meaning pivot, the share market will start falling. All this is purposely done by the Fed as the US election is happening in November this year.

[@Natlim55]

Thanks for summary & sharing

[@mymemorieslane]

On June 9th 2024, the Agreement between United States and Saudi Arabia to sell Saudi Oil in USD exclusively ends. Saudi’s Prince has already notified U.S. that this agreement will NOT be renewed and they will no longer accept USD. Perhaps this might be also one of the key reasons why Jerom Powell is being more cautious, as reducing interest might cause further escalation of US dollar flowing out of US market especially during this period.

[@CK-pv5yq]

Mr Loo: the Big rubber band 😆

[@FoodieWarrior]

Fed trying to achieve a soft landing.😅

[@Maximax1091]

Mr Loo should remember he is also Uncle himself.

[@georgetang3489]

😂😂😂

[@MasterLeong888]

still got chance for 2 cuts this year in sept and dec green dragon lets go!

[@kelvinlau86661]

My feel, There is now a 55% of no rate cut in 2024. Since market is already easily exuberant on any bright spot

[@1m65]

As long as there is no more rate hikes, markets unlikely to crash.

[@alsonyeo2690]

Thank for the update

[@jeff6161]

This is because the cpi under reports real inflation.

[@fredericklim9845]

Not really under reporting, maybe manipulated ( changed components). Every countries do ithat anyway.

[@Xiaomalu]

Fed will only cut rates if economy crisis or inflation back to 2%.

[@coins_investmentsg]

US stocks at all time high, still cut rates? later all currency becomes blank paper

[@Farmersyoungseniors]

When he says 3, market thinks it’s 6. When he says 1, market will price for 2 lah

[@MasterLeong888]

4 cuts expected for 2025 its still good no worries huat ah

[@1m65]

Yeah!

[@gavinellson]

00:01 US inflation rate remains unchanged in May 01:40 US inflation rate hit zero, signaling potential deflation. 03:27 US inflation rate hit zero, but shelter prices surged. 05:01 Three possible inflation outcomes and Jay Powell's response. 06:36 Federal Reserve aims for 2% inflation target before cutting interest rates 08:07 Fed Chairman considers only one interest rate cut in the future. 09:46 Federal Reserve Chair wants more data on inflation before making decisions 11:19 US inflation rate hitting zero is good news for the market.

[@CyChong-vm2uf]

Mr Loo, really curious, who does all your thumbnails? Do you hire someone or you/family did it yourself?

[@stevenyip2631]

😂😂

[@1m65]

Thumbnail? Me…. I did it all myself.

[@kiatsan5781]

Seriously you believe that inflation is zero. Dammmm.

[@pearlyung]

JP and the Fed does not exist to make traders, gamblers and investors make money. Lol 😆

[@cashewdadify]

after every fed announcement, you always overreact. powell is just being careful. as buffett says, this is mr market in action. there is no need to get worked up at every market move. invest, not trade.

[@bkoh1771]

0.1% market forecast vs. 0% actual. I don't see your exuberance. It was just an ok report.

[@henrylee1269]

Why waste time trying to forecast events that are beyond your control. Even the Feds themselves can't be sure where the economy is heading and geopolitical situation ahead.

[@phuashawperng9807]

War end of 2024, Crash

[@alexy3043]

Lol... NB

[@Jr.LH5]

u all like to follow him? He keep repeating the same things again n again. What have you guys learn from him? To me, its nothing much.

[@dfr13]

high prob will hit 5500 tonight! let's see!

[@1m65]

Too fast lah. End of month possible

[@dfr13]

​@@1m65 take a look at es1; it has already crossed 5500 haha. can't believe it at first! likely to open strong tonight, then retrace before continuing its upward trajectory.