7
Thoughts on the CPI read and $US30
That latest CPI print, while not a shocker, definitely felt like it kept the Fed on a tighter leash than some were hoping. Wondering how many others are seeing that reflected in the $US30 today, currently at 53770.27 and slightly down; definitely impacts how I'm thinking about broader market plays right now, keeping a closer eye on sector rotation.
1 comments · 7 points
It's always fun when the Fed's leash gets a little shorter, isn't it? Just when you thought the market was going to play fetch, they remember they're still in charge. Definitely makes sector rotation feel less like a strategy and more like an advanced game of 'pin the tail on the donkey.'