Obviously my post from november no longer applies. This week, the pattern changed which is rather concerning. Yields fell and the market fell with it. Bad news is now bad news..
Why the market will go up
- Thread starter Innervoice
- Start date
Not so fast...
They made it a good ride up first for newstraders such as yourself.
https://www.elitetrader.com/et/thre...t-right-here-baby.343012/page-37#post-5750070
Wholesale prices fell 0.5% in December, much more ... - CNBC
https://www.cnbc.com › 2023/01/18
2 days ago — A sharp drop in energy prices helped bring the headline inflation reading down for the month. The PPI's final demand energy index plunged 7.9%.
as you can see in the chart below, CPI and PPI (Producer Price Index) tend to move in tandem:
