Announcement
Super Grannies and Market Update – June 30 Webinar Cancelled

VIDEO: Macro Minute: The last two "meaningful" CPI positive surprises (Oct 2022 and Feb 2023) saw +4%-5% 5D rally = 180 to 225 points today. Thus, 100 point gain could be "low end" of a potential rally.

Click here to register for our live Roundtable (7/12) @ 2 PM ET

We discuss that of the last 8 CPI reports, markets had a positive reaction 6 of  8 times.  The two "surprises" saw 4%-5% rallies, or +180-225 points.  Thus, our 100 points rally tactical call might be on the low side.  Is the Fed funds of 5.5% "higher for longer" if Core CPI is 3% by Dec 2024?  We don't think so.

Please click below to view today’s Macro Minute (duration: 4:10).

https://vimeo.com/844432996/24039cc9cc?share=co...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in

More from the author

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In