More Trouble For CGP

By Turd Ferguson | Friday, January 12, 2018 at 10:24 am

Today's CPI and Retail Sales numbers both "disappointed"...though you'd never know it from the reaction of the USDJPY. Regardless, as we mentioned yesterday, it now appears that Chief Goon Powell has an inflation problem on his hands and this may very well turn into "Theme #4" for 2018.