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Stocks Rip as Inflation Report Comes In Light
Could we be heading a lot higher?
Danny Riley
November 14, 2023
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Our View
Unfortunately, I have Covid-19 right now. I have had it in the past and the first time I didn't even know I had it. The other times I had it, I got sick but within a few days, I was on the mend.
So the View and the Lean are going to be a little light. We’ll have the recap down below, all the usual stats and the levels from HandelStats.
The CPI data came in light (see the economic calendar below), with each of the headline numbers missing expectations. That’s got bonds and stocks ripping, with the 10-year yield at its lowest level since September.
Remember to trade smart, use stops and stay disciplined.