PPI full point above forecast plus two big banks changing rate calls after CPI beat kills risk - doubling of Oct hike od…
PPI full point above forecast plus two big banks changing rate calls after CPI beat kills risk - doubling of Oct hike odds yesterday was right, this is stagflation repeat. US sells off like $108B memory crash. At home September exports double forecast won’t matter, STI down 1% yesterday already fading and bank bounce faded again, export beat is priced.
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