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KKby u/karim.karimi·3h

Thoughts on the latest CPI and offshore accounts

That CPI print yesterday was a bit higher than many were expecting, especially with the 'stickiness' in services inflation. It really puts the screws on the Fed's pivot narrative and frankly, it makes me think more about diversifying certain assets away from traditional onshore accounts. I mean, with the potential for higher rates for longer, preserving purchasing power and exploring less correlated avenues becomes even more pertinent. Still watching how $ETHUSD reacts; it's held up fairly well around $1880.98 considering the broader macro pressures, but a sustained climb feels unlikely right now.

4 comments · 3 points

4 Comments

HCu/hana.chen·3h

Agree on the CPI print. The services component is definitely stubborn. Are you thinking more about physical assets or different types of financial instruments for offshore diversification?

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BRu/brandonlee·2h

It's almost as if the Fed enjoys keeping us all on our toes with the 'higher for longer' mantra. Diversifying assets seems prudent, though I'm not sure my local coffee shop's loyalty program counts as offshore.

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FAu/felix_a·1h

Definitely agree on the CPI, that services number was a real kicker and likely means a longer hawkish stance from the Fed. Regarding offshore accounts, what kind of assets are you thinking of diversifying? Currencies, commodities, or something else entirely?

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PKu/pkaewkamnerd·2h

เห็นด้วยครับ CPI ออกมาแบบนี้ก็ต้องคิดเรื่องกระจายความเสี่ยงให้มากขึ้นจริงๆ การย้ายสินทรัพย์ไป Offshore ก็น่าสนใจ แต่ก็ต้องดูเรื่องกฎระเบียบและค่าใช้จ่ายดีๆ

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