FreePunk Rock WeeklyFri August 16, 2024The Day Inflation DiedThe latest CPI report indicates inflation has finally cooled, boosting the odds of a September Fed rate cut to 100%. Markets reacted positively, with trades like $VIX shorts and $NVDA long strangles yielding significant gains. The economy appears to be in a soft-landing mode, suggesting continued market strength. As inflation concerns fade, focus shifts to the labor market, where constructive data further supports the bullish outlook. This article discusses how these trends align with our successful investment strategies at Punk Rock Trader.