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The Bond Market Already Looked Through The Inflation Headlines
The Bond Market Already Looked Through The Inflation Headlines
Authored by Lance Roberts via RealInvestmentAdvice.com,
š°Ā May Inflation of 4.2%: Media Narrative Misses Reality
The May inflation print landed on Wednesday, and the doom crowd pounced. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April 2023, and theĀ āinflation is backāĀ choir was in full voice within the hour. I want to push back on that, because two weeks ago I made exactly this argument inĀ āWhy The Doom Crowd Is Watching The Wrong Indicator,āĀ and this May inflation print is the clearest...
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