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"Be Careful" - How To Trade This Morning's CPI Print

Tyler Durden's Photo
by Tyler Durden
Thursday, Jan 12, 2023 - 01:15 PM

Once again, US equity markets have squeezed dramatically higher in the last few days (post-payrolls) ahead of this morning's all-important CPI print...

All of which, as Nomura's Charlie McElligott notes, shows strong evidence of “fear of the right tail” yet again in Equities, due to “trending” expectation of a “dovish CPI” print today (set-up for disappointment on “just in-line”?)

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