Tomorrow we get inflation data via the CPI. Here is some food for thought you fucking assholes (sorry, I can’t help myself).
The beta coefficient correlation between the CRB index and the CPI is 0.996.
The CRB index is +2.8% the past 30 days compared to a LOSS of 1.28% the previous 30 days for a standard deviation blowout of 4.66.
In other words, that fucking CPI index number is coming in hot and heavy tomorrow and if it doesn’t IT WILL BE RIGGED. The result should be a market celebrating HIGHER RATES and plunging gold. I have no idea what stocks might do because they just always go up. But they should or might react with SHARPLY LOWER PRICES.
I closed +23bps today and took a $UVIX hedge into the terrors to come and possess 25% cash. I still haven’t the slightest idea what I’m doing out here but I am trying to find my salient.
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I guess you’re going to have to lower the ‘beta coefficient correlation between the CRB index and the CPI’