Oct CPI Lifts Off 🚀
📈 Surging inflation. #InflationFears in high gear with Oct 12-month CPI rising 6.2%－3x higher than 2% annual target. Investors concerned Fed moving too slow with stubborn ‘transient’ expectations. 10-year treasury yield rebounds up +9% after pullback from conservative Fed action. 📉 Consumer sentiment falling. #InflationFears spilling onto Mainstreet. Michigan’s consumer sentiment gauge dropped to 10-year low driven by surging Read More