We survived the latest CPI report with most of our gains from yesterday intact. But again and as always, it’s not how you begin the week that matters. To that end, let’s look ahead to tomorrow and see what comes next.
What comes next is another 8:30 ET data dump of PPI, Retail Sales and the Empire State Manufacturing Index. These will move the markets so look sharp. Remember, the March FOMC concludes next Wednesday so every current datapoint will be stuck in Jerry’s head.
For today, a discussion of the rip currents that drove the markets today, followed by a look at…
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