4min chapter

The Compound and Friends cover image

The Day Inflation Broke

The Compound and Friends

CHAPTER

CPI, Lower Than Expected, Is Going to Continue Higher

Since 1950, there have been 54 including today up 4% days. That's only happened 22 times, 0.12%. So what is moving the market today? We found out S&P is up 5.1% right now. But CPI, lower than expected, was underneath the hook. And if we get a recession or softening in demand, then obviously that's going to put more pressure on CPI.

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