Video: Macro Minute: August Core CPI details show housing and autos were +0.27% of the +0.35% rise, arguing not new inflation wave. Jobless claim surge = Fed needs to cut

Video: The data today from CPI and jobless claims is overall positive. We think the CPI rise is largely explained by housing and autos. And while other components are higher, this is still not pointing to a wave of inflation that requires Fed intervention. This is positive for cuts next week, which is supportive for small-caps IWM, financials XLF and crypto ETH -2.82% .

Please click here to view our Macro Minute (duration: 2:29).

Video: Macro Minute: August Core CPI details show housing and autos were +0.27% of the +0.35% rise, arguing not new inflation wave. Jobless claim surge = Fed needs to cut

_____________________________

50 SMID Granny Shot Ideas: We performed our quarterly rebalance on 8/17. Full stock list here -> Click here

______________________________

PS: if you are enjoying our service and its evidence-based approach, please leave us a positive 5-star review

Disclosures (show)