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...