Major Number Coming

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An hour before the opening bell on Tuesday comes the Consumer Price Index reports. These days, I consider this vastly more important than what used to be the big monthly report, which was unemployment. Inflation has been the big topic this year, and if we get another set of strong numbers (and that’s not “strong” in a positive sense), people could start to think that we’re starting to have a serious “non-transitory” problem on our hands.