Don’t say I didn’t warn you.
January CPI Y/Y +2.1%, Core CPI Y/Y +1.8% (Core had been running between 1.7-1.8% the past eight months)
Futures went from +125 to -300, all thanks to hotter than expected inflation data.
The Valentine’s Day massacre is upon you. Enjoy your day.If you enjoy the content at iBankCoin, please follow us on Twitter