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Inflation Report To Test Epic US Equity Surge
Traders and investors will have plenty of macro inputs to ponder in the new week, including a CPI report from the world's largest economy.
Core consumer prices probably rose 0.3% in the US last month from December, economists reckon. The headline all-items gauge likely increased 0.2% for a third month, according to consensus.
The US isn't out the woods yet on the inflation front, even if markets are keen to pretend otherwise. As discussed in the latest Weekly, things are going well, particular
Retail sales will be down because of the extreme cold & snow that hit in January. It’s always a great excuse.
What could go wrong…? … I see China post holiday week off panic upon commencement (2/19) has been added to my Bingo card…