Michael Zarembski, Director of Futures at Charles Schwab says it's possible we may see an 8% print for CPI on year-over-year for February, the highest since 1982. The housing market has not shown any slowdown in home prices and rents are very elevated, adds Michael. He discusses how the Fed needs to get inflation in check, but they don't want to see stagflation. Michael and Ben discuss the Euro (/6E), Japanese Yen (/6J) and the pound (/6B). Lastly, they discuss a flattening of the yield curve.
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