Rising Creator$Invesco QQQ Trust(QQQ.US)$NVIDIA(NVDA.US)$AMD(AMD.US)$Amazon(AMZN.US)$Taiwan Semiconductor(TSM.US)$Tesla(TSLA.US)$Alphabet - C(GOOG.US) Many people panic as soon as they see CPI, but the market has already priced in the oil price increase.
The current market expects CPI at 4.2%, 0.5% higher than last month. It's not easy to significantly exceed expectations.
The Fed is more concerned about core CPI (excluding food and energy). For major items like rent, healthcare, new and used cars, there was no significant runaway increase in May.
So unless the data far exceeds expectations, the impact on the market may be limited.
Instead of guessing CPI every day, focus more on corporate fundamentals.
Buy the dip, hold for long term.
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