Thu, January 19, 2023 | 7:50AM ET

Downturn in PPI portends continued leg down in CPI. Of 11 sectors, 4 have solid EBIT correlation to PPI (commodities, utes). Least impacted are Technology, Discretionary, Comm Services and Financials.

Name: FS Insight
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Tom Lee, CFA ^AC

Head of Research

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