SPTS - The 'Good News' On Inflation
2024-05-21 03:15:00 ET
Summary
- Bonds and stocks rallied last week on the back of two pretty good inflation reports, I suppose.
- Current inflation expectations are consistent with expectations prior to and just after the 2008 financial crisis.
- While inflation expectations didn’t rise as much as actual inflation, they did rise during this recent bout of price hikes.
Bonds and stocks rallied last week on the back of two pretty good inflation reports, right? I suppose, but there were other things going on too, so let's take a look at how inflation expectations changed last week and see if that's what drove markets....
The 'Good News' On Inflation