CPI Still Warm

Well, how about that? The latest measure of U.S. inflation came in mostly as expected but hotter than your host expected. So what does this indicate for our long term plans regarding later this year? Not much.

So, Happy Tuesday everyone. And, so far, it is a happy Tuesday. After that CPI print, everything wiggled all over the place...up and down, back and forth. However, as I type, the Comex PMs are both slightly green. Lingering inflation expectations, too.

For what it's worth, ZH always does the best job in objectively explaining CPI data and all that's contained in...

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Key Economic Events Week of 6/24

6/24 8:30 ET Goon Ghoulsbee
6/24 2:00 ET Goon Daly
6/25 7:00 ET Goon Bowman
6/25 9:00 ET Case-Shiller home prices
6/25 10:00 ET Consumer Confidence
6/25 12:00 ET Goon Cook
6/25 1:30 ET Comex option expirations
6/26 10:00 ET New home sales
6/27 8:30 ET Q1 GDP final guess
6/27 8:30 ET Durable Goods
6/28 8:30 ET PCE and Core PCE
6/28 8:30 ET Personal Inc and Spend
6/28 9:45 ET Chicago PMI
6/28 10:00 ET UMich final
6/28 12:00 ET Goon Bowman again