Market's Non Reaction To PPI Being Almost As Bad As CPI

Marc Lopresti notes that PPI was almost as bad as last week's CPI, but the market did not care. CPI, PPI, and housing are red hot, while energy costs are also indicating a non-transitory inflationary environment. Investors are concerned about the Fed's credibility around managing inflation, which Lopresti says has created lots of speculation around peak inflation.

Morning Trade Live

16 Feb 2022

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