Episode 656: The DC Today - Wednesday, July 12, 2023
Were encouraged to see inflation continuing to move in the right direction
Were encouraged to see inflation continuing to move in the right direction
Although closing off the highs, stocks and bonds rallied today on cooler-than-expected CPI data, with the headline now at 3.0% year over year. With a 90% chance in fed funds futures still pointing to a 25bps rate increase in two weeks, it was as interesting to see the expectations for a rate cut pull forward from May of next year to March.
Today's Post - https://bahnsen.co/43hXzMY
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.
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