For what it’s worth (which is probably zero), the last CPI shocker took place way back on June 10th, which I’ve marked with an arrow. Equities fell hard that day, as they are doing right now, and they kept going a few days more.

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For what it’s worth (which is probably zero), the last CPI shocker took place way back on June 10th, which I’ve marked with an arrow. Equities fell hard that day, as they are doing right now, and they kept going a few days more.

It seems to me that the CPI data is subtly telling us what it thinks of the experts that keep trying to predict its next move.

Good morning, everyone.
Well, look, I’m not very bright, and that’s probably a very kind way to put it. But those of you out there with any sense at all have probably figured it out by now. At least, I hope you have. Simply stated:
I mean, hell, I even said so out loud:

I’m afraid my guilt is getting the best of me, and my dismal and depressed feelings about this “market” be damned, I owe you some content. So I’m going to share something special.
In my novel – – which I thank God for, since it gives me a creative outlet and a distraction from these idiotic market machinations – – I have three tiny vignettes that break the book into equal parts. I’d like to share the second one of them with you here for the first time. I hope you like it.
