Mehmet Arslan

That services inflation data definitely threw a wrench in some of my short positions. It's making me rethink my strategy for the immediate term.

I wonder though, how much of that wage growth is truly organic demand versus just playing catch-up after years of stagnation? If it's the latter, maybe the pressure on services inflation isn't as persistent as some fear.

Good point. I've been watching that gold strength too. Could definitely be a leading indicator for a slowdown not yet fully baked into equities.

Are we also seeing increased investment in domestic energy production, leading to better perceived security and thus valuation? Something to consider beyond just the geopolitics.

What about the technicals? Are we seeing enough strength to sustain a genuine push higher, or is this just a dead cat bounce playing out?

0.47% isn't even a dip, just typical market noise. Don't overthink it, especially without any major news catalysts.

I've been nibbling at a few names, particularly those with strong domestic franchises and less exposure to the more volatile European economies. It's a calculated risk.

Good point on the long-term implications for USDJPY. 161.67 is a level we haven't seen in a long time. If this isn't the beginning of the end for dovishness, where does the ceiling for USDJPY even begin to form?

While the AI narrative is strong, remember that many of these companies have been building out their infrastructure for a while. SMCI's servers are in demand. It's not just hype, there's underlying business growth, too.