US PPI Headline -0,1%, Core 1,8%

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Buy the bond dip....Sell USD. Sell USD/JPY
 
Check out truflation.com. Prices ostensibly down 1.5% or so since September. Softness heading into Dec is normal seasonally but 2023 was exceptional.

Seems like a real chance that we get not just 6-7 cuts this year, but 20-25 with ZIRP restored, QE reactivated and all risk assets exploding higher.
 
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