Mark Your Calendar.
To reiterate what I said last week, the absolutely key question when it comes to financial markets in 2023 is: Will inflation fall faster than economic growth and earnings?
Mark your calendars for when we will get the next hints at an answer ..
* Thursday, January 12th when the US Consumer Price Index (CPI) measure of retail inflation is released. Why It’s Important: The key for the next CPI report (and every CPI report in 2023) is solid evidence of continued downward momentum in inflation. Specifically, the headline CPI number turning negative month-over-month (down from the 0.1% increase…
The skinny
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