Cascade43

$TRUF is essentially only a couple of months/weeks till potentially breaking out of a logarithmic, multi year down trend. It looks like we have 1 bottom already printed and I’m not 100% certain we’ll get another stab at it. There’s a lot great things coming to this project and the team is very much still hard at work. As soon as my check clears I’ll be DCAing more

🇪🇺 ECB Consumer Inflation Expectations Exploded for March 2026 April 28, ECP released the March European Consumer Survey: • 1-year ahead expectations surged to 4.0% (from 2.5%), the highest since Oct 2023 and the biggest monthly spike since early 2022 • 3-year ahead rose from 2.5% to 3.0% • 5-year ahead still relatively anchored at ~2.4% (up from 2.3%) • Past 12-month perceived inflation also jumped from 3.0% to 3.5% Near-term uncertainty is rising fast, broad-based across income groups, with lower-income households feeling it more. This screams renewed stagflation risks driven by energy price spikes and geopolitical tensions. Market implications ahead of tomorrow's ECB meeting: - Hawkish tilt with limited rate cuts, possible hikes later in 2026 - Pressure on European equities: higher cost of capital + margin squeeze in energy-sensitive sectors - Supports euro resilience in the near term versus USD