[Weekly Update] One New Trade… and Don’t Count on Those Rate Hikes Just Yet

I have an exciting new trade for today. But first, let’s get the lay of the land.

CPI inflation numbers came out this morning.

Surprise, surprise.. we still have inflation!

The headline number came in at 3.1%, with core inflation (which excludes food and energy) coming in higher at 3.8%. Both were worse than what economists expected… and both continue the …