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EVby u/eva34·14hAnalysis

Watching EMQQ after that PPI print

That PPI number came in hotter than anticipated, and frankly, it's making me scratch my head a bit about the 'peak inflation' narrative everyone's been so keen on. While it didn't send everything into a tailspin, it's certainly not helping the bull case for rate cuts anytime soon. I'm keeping a close eye on $EMQQ at its current $31.95, given the mixed signals from the global economy; seems like we're still in that 'good news is bad news' market for a while longer.

3 comments · 1 points

3 Comments

TPu/thao_pratama·13h

EMQQ has definitely had a rough go lately, and with inflation data coming in hot, it's hard to see that changing short-term. I'm curious if you're looking at specific metrics beyond the general inflation numbers to gauge its potential recovery, given its exposure to emerging markets.

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SAu/salmamansour·12h

EMQQ has seen better days, that's for sure. The 'peak inflation' narrative was always a bit optimistic given the underlying economic currents. Hard to see a strong catalyst for EMQQ without a clearer path for global growth.

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FAu/farid10·9h

The EMQQ is an interesting play right now, but given the sustained inflation signals, I'm not sure how much more upside there is until we get some real clarity on rate trajectory. It feels like a lot of the 'optimism' is priced in already.

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