Explaining Post-CPI Chop And A Word On Inflation Empathy

Markets chopped around erratically following what it was entirely fair to describe as another disheartening US inflation report. To be sure, the story is on Main Street, not Wall Street. It's on Main Street where the real impact of persistently high prices for food and energy hits home, figuratively and literally. I try to empathize, but I acknowledge what almost no one else will: Empathy is impossible. I reiterate that point time and again because I think it’s important we recognize life’