“Wages have decelerated in all meaningful forward-looking gauges, while housing is printing at extremes relative to reality in the CPI, meaning that we see a larger downside risk/reward in core relative to headline,” Larsen noted, while forecasting positive contributions from energy component, prices for goods, including used cars, and fatigue in good prices.
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
