Subscribers, headline inflation came in at 0.2% (exp. 0.3%). Headline YoY was below expectations, rising 2.3%, below the forecasted and prior 2.4%. We await PPI, Retail Sales, Empire State Manufacturing, Philly Fed and a slew of speakers tomorrow including Jerome Powell. We expect the markets to eventually consolidate a bit here as US bond yields are painting a very different story here and we can’t help but think a few of these risk on, equity buyers are becoming a bit over stretched. Minor pull backs are healthy and a bit of too far too fast may be setting in here and a consolidative to higher, much more acute trajectory may be in order.
Anyway we apologize we didn’t get our usual subscriber data out this morning, we have had some minor technical issues and we will post them now below and then come back in another post with all of today’s data trackers.
We have all the MTR Subscriber data and trackers up next, we urge you to become a full subscriber and truly break through that barrier of understanding in regards to our global financial system.
We offer you a mindset that you cannot get anywhere else.
We offer you access to our data across a multitude of market segments and structured in a unique way for you to easily understand market movements and the values of those movements.
We offer a more in depth vantage point, to incorporate our work into your own investing and trading processes.
You won’t be disappointed! Sign on today and feel the power of being the smartest person in the room, when others pretend they know, YOU WILL KNOW!
Keep reading with a 7-day free trial
Subscribe to Magnelibra Trading & Research to keep reading this post and get 7 days of free access to the full post archives.