Well, the CPI numbers finally came out, and it’s just what the bulls ordered: nice and chilly:
![](https://slopeofhope.com/wp-content/uploads/2023/05/cold-640x202.png)
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Well, the CPI numbers finally came out, and it’s just what the bulls ordered: nice and chilly:
Be sure to gather ’round in SlopeTalk so we can all watch the CPI come together and chatter about the market’s reaction.
The multitude of analysts that have been waiting for the “death of the dollar” (DoD) for at least a couple of decades now have a new jingle. “Dedollarisation” by global entities trading in goods and services will finally kill old Uncle Buck, or if you like, remove “King Dollar” from his throne.
(more…)Since everyone is obsessed with with the CPI, here’s the lifelong chart (thanks to the economic database, available to premium members only):