Heads Up

This Friday the CPI will be released. Few are focusing on this report but it has the potential to throw a wrench into the bulls equation. In the past few months we have seen:
  • Rising commodities.
  • Rising import prices.
  • Rising rents according to REIS.
  • Various companies pushing through price increases.
There is the potential for a hot number. I am pretty certain that Helicopter Ben will find a way to rationalize it as he seems hell bent on printing money. But it might cause some debate and make the bulls take a step back. If not for the coming Fed meeting than for the following ones.

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