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Watching $NFLX post-market as a CPI indicator?
Curious if anyone else is watching $NFLX's movement today, currently up +2.06% to 74.88, as a potential canary in the coal mine for consumer sentiment ahead of the CPI print later this week. I know it's just one stock, but with discretionary spending being a key component, any sustained strength here could hint at a more resilient consumer than some models are suggesting. Thinking about how that might affect my Kalshi contracts on interest rate hikes.
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