Good morning … it was all energy and as ZH notes, CPI slows and REAL WAGES continue to tumble -ZH (and pretty much everyone, everywhere can’t help but think of visual posted yesterday). For somewhat more of a topical look at how Global Wall St reacted TO the ‘huge CPI miss’,
Was it really bond to happen?
-- https://www.bloomberg.com/opinion/articles/2022-08-11/personal-finance-single-bond-etfs-are-a-revolutionary-idea?srnd=opinion