The DC Today - Wednesday, July 12, 2023

Episode 656: The DC Today - Wednesday, July 12, 2023

Were encouraged to see inflation continuing to move in the right direction

Show notes

Although closing off the highs, stocks and bonds rallied today on cooler-than-expected CPI data, with the headline now at 3.0% year over year. With a 90% chance in fed funds futures still pointing to a 25bps rate increase in two weeks, it was as interesting to see the expectations for a rate cut pull forward from May of next year to March.

Today's Post -

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Brian Szytel

Brian Szytel

Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.

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