Nine/Eleven CPI

Image Source: Pixabay
 

This will be brief, for a reason that will soon be clear. The CPI came in this morning at expectations, although the situation with unemployment has experienced a sea change. The steady diminishment has been replaced by a surge in demand for something no one wants to see – – checks paid for people unable to find work.
 

Equities are slightly green across the board, which seems to have been the case every morning for the past few hundred sessions in a row. Here, for example, is the /YM, up about a fifth of a percent.
 

---

More By This Author:

As I Lay Dying
Pepse Cola
Rates Update