$VG S&P 500(VOO.US)VOO opened lower today as October CPI came in hotter than expected, with headline inflation risin…
$VG S&P 500(VOO.US)
VOO opened lower today as October CPI came in hotter than expected, with headline inflation rising 0.4% MoM and core CPI up 0.3%. This is particularly concerning given Fed Governor Christopher Waller’s warning that a 50bps hike should be considered if inflation remains elevated. It reinforces fears that the Fed may be falling behind the curve, leaving markets to contend with a more aggressive tightening path.
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