Market hears what it wants to hears and disregards the rest.

Consumer prices rose less than expected in November, up 7.1% from a year ago

JUST IN – US inflation at 7.1% in November, lower than expected.

— Disclose.tv (@disclosetv) December 13, 2022

Fed will need to unwind this, but not today.

Despite efforts:
FED'S POWELL: NO 5% INFLATION IS NOT ACCEPTABLE

Market hears what it wants to hears and disregards the rest. https://t.co/3G76kVH7zH

— Samantha LaDuc (@SamanthaLaDuc) December 13, 2022

NASDAQ FUTS +477

WE CANNOT STOP THE BUYING

— The_Real_Fly (@The_Real_Fly) December 13, 2022

everyone has been brainwashed to think a 7.1% annual rate of inflation is great news

— StockCats (@StockCats) December 13, 2022

Year over year inflation has gotten worse.

Fed rate up 3.75%.

Bulls, your job now is to sell without letting anyone else know you are selling. Sam Bankman style. pic.twitter.com/eBIvYfo1ol

— Mac10 (@SuburbanDrone) December 13, 2022