Equities Advance on Downside Inflation Readings 

FS Insight Team

“The word 'dog' comes up a lot. Well, I was a wolf, OK? I used to eat dogs.” ~ Jerry West (May 28, 1938 - June 12, 2024)

Good evening,

“Inflation is falling like a rock.” Fundstrat Head of Research Tom Lee has been pointing this out for quite some time, and the truth of that repeated assertion was even more evident in the macroeconomic data released this week. May Core CPI came in at +0.16% MoM, significantly lower than consensus expectations of +0.28%, and half of what we saw for...

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