Market Ethos - Data, schmata...what's in a number anyway?


This is a big week, with the release of the latest U.S. inflation number. Expectations are for year over year Consumer Price Index (CPI) to continue to drift lower, falling from 7.7% in October to 7.3% in November. This decrease is already priced in, and as we'll get to later in this Ethos, there will be more to come. It's the deviations from the expected that catch the market off guard and can ignite a larger market move.

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