About this episode
(12/13/22) The much-anticipated CPI report for November clocked-in at 7.1%, a cooler-than-expected .1% vs. at .3% expected rate, and year-over -year CPI is 6.0%, also less than expected. [NOTE: This report was recorded prior to this morning's CPI release.] Monday's markets rallied just slightly above the 200-DMA, holding firm above the important 100-DM, trading sideways for the past month. The softer-than-expected CPI could provide lift in the markets today. Goldman Sachs was predicting a 3% spike in response. The Fed doesn't like that, and this weaker number today almost ensures the Fed announcement tomorrow will lean a bit more hawkish. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=RsIw4naQcl8&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #CPI #FOMCMeeting #Inflation #Markets #Money #Investing