PPI showed inflation hasn’t shifted much, and Kerim Kfuri says it could be an early indicator to Wednesday’s CPI report. He tells investors to keep a close eye on the indices as stubborn inflation persists. Brandon Pizzurro notes a 7% price-up in airfare as a warning sign, especially with the travel industry at pre-pandemic levels. He argues the market needs a sense of “directionality” as consumer sentiment fades.
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