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*Everyone* is expecting a weak CPI number to boost risk assets

*Everyone* is expecting a weak CPI number to boost risk assets

This CPI report is beginning to look like an accident waiting to happen.

US equities are up in 3 of the past 4 days and futures are higher by 0.3%. The market is keyed on a scheduled speech from Biden shortly after the CPI report, which sounds like it will be some kind of victory lap.

All the commentary around the report is on the potential for risk assets to rally further on a soft CPI and even meme stocks have started to run.

"The fear factor that has surrounded many of th... Read More

Posted: Jan 12 2023, 13:13
Author Name: forexlive
Views: 102235

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