VIDEO: Macro Minute: Cars 17% of Core CPI, thus Nov Manheim Used Vehicle Index sort of matters (Friday 9am ET). Fundamental support for equities strengthened this week.

We discuss: The fundamental case strengthened for an equity rally into YE as inflationary pressures eased, leading to lower interest rates, weaker dollar and dovish changes in Fed futures.  Manheim Used Vehicle Index could move markets Friday, as autos collectively represent 17% of Core CPI basket.

Please click below to view our Macro Minute (Duration: 7:30).

VIDEO: Macro Minute: Cars 17% of Core CPI, thus Nov Manheim Used Vehicle Index sort of matters (Friday 9am ET). Fundamental support for equities strengthened this week.

PS: If you are enjoying our service and its evidence-based approach, please leave us a positive 5-star review on Google reviews —> Click here.

More from the author

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

By continuing, you agree to the Terms of Service and Privacy Policy.

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In