First time poster/ long time lurker. What’s everyone thoughts on CPI report coming on July 13th? To make a bull case, the volatility in June happened because the report was higher then expected, everyone then rightfully suspected a 75bps hike, market sold off because not priced in. If CPI comes in lower, would this not make a case for “peak inflation” a more doveish Fed and an overall boon to the market? I mean jobs are still up.
Leave a Reply