Good morning … please note ‘housekeeping’ at the end of today’s note … Overnight, a couple things to note, China CPI rose at the slowest pace in more than two years and factory gate prices fell further into deflation territory, CPI rose 0.1% yoy vs f/c 0.4%, PPI fell 3.6% yoy vs f/c -3.2%.
(USTs are 'MODESTLY higher' and 'modestly' flatter on above avg volumes)while WE slept; CPI recaps / victory laps; Fed model; sched update
'Thing' is much better than being called "No Son of Mine" LOL! Safe travels man!
Enjoy your time with the fam.