PPI Wednesday

After a calamitous CPI Tuesday, we follow it up with PPI Wednesday. While the action is unlikely to be as volatile today, we’re still going to have to watch closely once the number is out.

I’m off to an early start today as I have to take MrsF to the airport this morning. You’ve likely been in her position as this is her first trip back since her mother passed away and there are lots of things to be done. And there’s lots of stuff on this end, too, so we’d better dive right in and use our time wisely this morning.

First of all, the global markets were stable overnight…

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