The CPI and PPI releases this week came in more or less at estimates - nothing to alarm the talking heads, anyway. They show inflation slowing down but not receding.
The CPI and PPI releases this week came in more or less at estimates - nothing to alarm the talking heads, anyway. They show inflation slowing down… but not receding.
This isn’t a surprise to anyone who’s been paying attention. While this was good enough for the bulls to at least try for a rally in an otherwise rough week, they didn’t manage to make it stick. I think a lot of them are simply looking in the wrong place. Tonight we’re going to look at the top two sectors and all the opportunities there, plus a few other opportunities in some ETFs and individual stocks.
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