The PPI number this morning was pretty scary. I think CPI of late has not been reflecting the true inflation picture and that's likely to change with next week's numbers.
The PPI number this morning was pretty scary, ... I think CPI of late has not been reflecting the true inflation picture and that's likely to change with next week's numbers.
On the positive side, you still have seasonal factors working in your favor early next year.
Greenspan's comments will be watched, as well as the Treasury auctions over the next few days and the trade balance Friday.