It feels like last Thursday morning all over again.
In spite of the general consensus among readers that this morning’s Producer Price Index wouldn’t be a big deal (although Honduki got the nuance correct…………)

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It feels like last Thursday morning all over again.
In spite of the general consensus among readers that this morning’s Producer Price Index wouldn’t be a big deal (although Honduki got the nuance correct…………)

Morgan Stanley offered up three scenarios for the year ahead. I’m inclined to agree (surprise, surprise) with the bear case. The “shape” of their prediction is the same for all three scenarios, but the weakest one, with an S&P hitting a 3,000 target before some kind of mega-intervention comes along, makes the most sense to me.
