Tomorrow US CPI

[贾和平]

The market has been on a tear since shrugging off the Mid-June low until the July employment report last Friday. Tomorrow's CPI could be crucial for both bulls and Bears.

Cleveland Fed just posts its estimate of CPI for July and August, which are July and August CPI MoM 0.27 &0.26, YoY 8.82 and 8.76 respectively.

Cleveland Fed previously estimated, on average, have been 0.23% below the actual CPI y/y reading since October 2021. But in May and June, Clev. it was almost 40 bps below the actual CPI. If the same holds true, CPI could be 9.0% to 9.2% tomorrow.

The consensus estimate for July CPI is 8.7-8.8%

The White House gets the numbers one day before the public gets. The spokesman did not say anything about CPI today that is different from the June CPI release CPI ( 9.1%), which may mean CPI is tame a bit in July.

 

[Lindacheng]

还会比上个月高？

 

[tt8966]

The market has been on a tear since shrugging off the Mid-June low until the July employment report last Friday. Tomorrow's CPI could be crucial for both bulls and Bears.

Cleveland Fed just posts its estimate of CPI for July and August, which are July and August CPI MoM 0.27 &0.26, YoY 8.82 and 8.76 respectively.

Cleveland Fed previously estimated, on average, have been 0.23% below the actual CPI y/y reading since October 2021. But in May and June, Clev. it was almost 40 bps below the actual CPI. If the same holds true, CPI could be 9.0% to 9.2% tomorrow.

The consensus estimate for July CPI is 8.7-8.8%

The White House gets the numbers one day before the public gets. The spokesman did not say anything about CPI today that is different from the June CPI release CPI ( 9.1%), which may mean CPI is tame a bit in July.




浏览附件1056620

奶奶的，继续压榨中产阶级的血

 

[Lindacheng]

是不是明天的数据高就大跌？

 

[tt8966]

是不是明天的数据高就大跌？

数据高利率接着往上涨，房价接着下跌

 

[春夏秋鼕]

数据高利率接着往上涨，房价接着下跌

利率是一方面，高通胀导致企业营收下降，对股市双重压力。。。

 

[贾和平]

The big money pays attention to core and core is what will dictate the Fed's next move,

Two charts below from The Wall Street Journal illustrate how the ongoing inflation has eroded the purchasing power of average hourly earnings:

 

[sdzhangtao]

The big money pays attention to core and core is what will dictate the Fed's next move,

浏览附件1056691

Two charts below from The Wall Street Journal illustrate how the ongoing inflation has eroded the purchasing power of average hourly earnings:

浏览附件1056698

浏览附件1056699

Tomorrow, more likely neither good news nor bad news, it might be a mixed bag.