 | AUTHOR: Kerry Hilsabeck, CFP® TITLE: Investment Adviser Rep TAGS: Jobs, CPI, Retail Sales, Yields, S&P 500 |
The Consumer Price Index (CPI)(MoM) was unchanged in October resulting in a drop to 3.2% from 3.7% (YoY). Markets applauded the news as this drop in the inflation gauge likely means an end in the Fed tightening cycle.
Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.
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