The latest fixation is Tuesday morning’s CPI, in which we all pretend that inflation is running at 0.3% per month (as opposed to the closer-to-the-truth 3% a month, just in case you haven’t bought anything in the past few years and noticed the gargantuan price increases of everything). Anyway, here is the government data they’ve dreamed up, as well as the morning’s anticipated pipsqueak inflation rate.
Based on the market utterly shrugging off the Moody’s news, it’s clear that everyone and his non-binary brother thinks that it’s nothing but up, up, up from here on with equities.
