Tue, September 12, 2023 | 8:17PM ET

VIDEO: Macro Minute: A "hot" August CPI does not end equities, but it will raise the level of skepticism of Fed progress. Of last 6 CPI "misses" (hot), equities gained 4 of 6 times.

We discuss how consensus is now leaning towards a “hot” Aug core CPI. This does not necessarily hurt equites as of the last 6 “hot prints” stocks rallied 4 of the 6. Plus, it all comes down to details and how bonds react

Please click below to view today’s Macro Minute (Duration: 5:43).

VIDEO: Macro Minute: A hot August CPI does not end equities, but it will raise the level of skepticism of Fed progress. Of last 6 CPI misses (hot), equities gained 4 of 6 times.

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