One Year of Disinflation

by | Jul 12, 2023 | 5 comments

Wednesday July 12, 2023 S&P RecapToday was reporting day for June ’23 CPI data. The posting came in at 3.0% vs a 3.1% estimate. This marks 12 straight months of an inflation beat after peaking at 9.1% last summer. Market’s responded by an all-inclusive buy up from 0830EST to 1040EST. This ran ES from 4483.50…

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