Greetings,
The United States: The September CPI report topped expectations, suggesting that the Fed’s effort to curb inflation remains a work in progress.
The United Kingdom: The monthly GDP index was up slightly in August.
Commodities: It was a good week for gold, bolstered by the unfolding developments in the Middle East
Energy: US crude oil inventories surged last week.
Equities: Bullish sentiment is in the bottom decile for the first time in almost a year.
Rates: Stagflation environments are typically negative for Treasuries.
Food for Thought: Music piracy:
Edited by Josh Oldmixon
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