High Impact Events Update – June 2021 Week 2

As expected, the CPI for May 2021 was bound to be higher q over q . What did you expect ? There’s lot of pent up demand and the global supply chain is lagging behind especially so for semiconductors which are needed for a whole host of IT devices needed for WFH arrangements!

If you listened to my earlier post below, you will know NOT to panic and hold back on any selling decisions. I leave you with a famous quote from the great Buffett.

There is only 1 high impact USD event this week on 10 Jun. The CPI announcement should not have any adverse impact on Equities unless there is a freak result which may spook Mr Market. Barring no surprises, this week should be pretty calm

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