VIDEO: Macro Minute: Cars 17% of Core CPI, thus Nov Manheim Used Vehicle Index sort of matters (Friday 9am ET). Fundamental support for equities strengthened this week.

We discuss: The fundamental case strengthened for an equity rally into YE as inflationary pressures eased, leading to lower interest rates, weaker dollar and dovish changes in Fed futures.  Manheim Used Vehicle Index could move markets Friday, as autos collectively represent 17% of Core CPI basket.

Please click below to view our Macro Minute (Duration: 7:30).

VIDEO: Macro Minute: Cars 17% of Core CPI, thus Nov Manheim Used Vehicle Index sort of matters (Friday 9am ET). Fundamental support for equities strengthened this week.

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