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Aussie Longs Furious At Vegetables Today As Inflation ‘Disappears Into The Bush’
If you're an Aussie bull, Wednesday is a real "bull"shit day for you because as Bloomberg's Mark Cranfield hilariously put it, inflation just "disappeared into the bush":
https://twitter.com/heisenbergrpt/status/922986345974333447
He was of course referring to an across-the-board CPI miss. Here are the numbers:
3Q CPI rose 0.6% Q/Q vs est. 0.8% gain
3Q weighted median CPI rose 0.3% Q/Q vs est. 0.5% gain
Trimmed mean CPI rose 0.4% q/q in 3Q vs est. +0.5%
3Q trimmed mean CPI rose 1.8% Y/Y v
