Fri, January 13, 2023 | 7:50AM ET

The "big news" in December CPI is 59% of components are now in deflation, a leap of 800bp in a single month (50-yr avg 50%). Reason to view this as repeatable low CPIs = easing FCI = falling VIX = rising stocks.

Name: FS Insight
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Tom Lee, CFA ^AC

Head of Research

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