Video: Macro Minute: July very "hot" PPI and yet stocks rose, is evidence too many investors are carrying an "inflation hammer"

VIDEO: Equities managed to rise on Thursday, despite a very “hot” July PPI.  This is evidence that investors were expecting higher PPI and similarly, markets are not viewing this rise in incoming inflation reports as structural.  Rather, these are viewed as transitory arguably.

Please click below to view our Macro Minute (duration: 4:22).

Video: Macro Minute: July very hot PPI and yet stocks rose, is evidence too many investors are carrying an inflation hammer

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