Sep. 10 at 6:14 PM
$RUM $IOVA $ONON $GRRR Tomorrow My read
Headline 0.2–0.3%, Core 0.1% 🟢 Excellent. Worm turns. Strong relief rally likely, rate-hike odds drop hard.
Headline 0.3%, Core 0.2% 🟢 This is the conservative number I want. Below headline expectations with core contained. Should stop the bleeding.
Headline 0.4%, Core 0.2% 🟡 Consensus. Probably stabilizes things, but may not produce a big rally after today's PPI. Internals become very important.
Headline 0.4%, Core 0.3% 🔴 Bad. Market probably reads it as Fed hike confirmation. So let's hope we see some good CPI numbers tomorrow.
