Well, the CPI numbers finally came out, and it’s just what the bulls ordered: nice and chilly:
Battle of the Bulge
Slope of Hope Blog Posts
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CPI Watch Party
Be sure to gather ’round in SlopeTalk so we can all watch the CPI come together and chatter about the market’s reaction.
Taste the Rainbow
Since everyone is obsessed with with the CPI, here’s the lifelong chart (thanks to the economic database, available to premium members only):
Next Week’s Core Data
The inflation obsession isn’t going to end for a long, long time.
And the P This Time
I think they’ve put in yesterday’s film real. That is to say, (i) hotly-anticipated number (ii) number comes out precisely like the bulls want (iii) rally (iv) fade. Anyway, the PPI was the belle of the ball today, instead of yesterday’s CPI, and it came in absolutely ice cold. Deflation is good, kids! Yay!
