The CPI numbers have hit, and for the first time in half a year, the expectation actually met reality.
Immediate CPI Reaction
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Inflation Week Ahead
After a very quiet period on the economic data front, we’ll be faced with a bunch of market movers next week. The big one is Tuesday morning’s CPI. What will Trump do if inflation comes in hot? I don’t know, I guess fire the people that generated them.
Shell Game
See P.I.
The closely watched monthly CPI data is out, and the big news is that in spite of the tariffs, inflation has – – for the 5th month in a row – – come in lower than expectations. Thus, equities are once again, on the whole, at lifetime highs.
This Morning’s Biggie
Apparently, it’s all about the CPI at this point. I will point out that, for the past four months, the number has come in BELOW expectations. Tomorrow’s expectation, for what it’s worth, is 0.3%.
