November CPI: Inflation Cools Right On Schedule
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Jack Bowman8.31K FollowersFollow5ShareSavePlay(6min)CommentsSummaryNovember CPI fell to 2.7%, with Core CPI at 2.6%, signaling moderating inflation and easing market fears.Supercore inflation, excluding food, fuel, and housing, returned to pre-2020 levels, supporting a positive inflation outlook.Data reliability is questioned due to increased imputation and regional disparities, with December's CPI set to confirm or challenge the trend.Cooling inflation and rising unemployment strengthen the case for Fed rate cuts, potentially as early as April but more likely by June. Gorlov/iStock via Getty Images It's been a while since we last got a consumer price index reading, colloquially "inflation," since the data collection was stopped during the government shutdown. Good news came in today; while we're missing October's report, This article was written byJack Bowman8.31K FollowersFollowNewsletter Author | Investment Advisor | Top 5% of Experts on TipRanks | Long Signal, Short Noise | I am a macro-oriented and data-driven investor who obsesses over connecting dots that others don't see (or want to see), expressing my views through concentrated, asymmetrical, and high-conviction positions. I manage risk with discipline, often reminding investors that position sizing is often more important than security selection. I'm on a quest to uncover narrative trends before mainstream financial media, a process I've been describing as the hunt for information alpha. My weekly newsletter is called The Macro Obsession. "Successful investing requires holding uncomfortably idiosyncratic positions." — Howard Marks, paraphrasing David Swensen "History does not repeat, it instructs." — Timothy Snyder, On TyrannyAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.