Announcement
Super Grannies and Market Update – June 30 Webinar Cancelled

INTRADAY ALERT: May CPI good enough for June pause, maybe July too.

NEW: Section (above) added identifying Key Recommendations and Super Grannies

The May CPI released this am is good enough to keep the Fed on pause for June (Wed is FOMC decision day) and possibly in July as well. The headline core CPI figures of +0.40% MoM was inline with consensus of +0.4%, but the details were better than expected:

Shelter came in at +0.6% and was 60% of the rise in CPI, and up +8% YoY. Many view this is simply lagging as this is eventually set to reflect current market reali...

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