Below is a brief excerpt and the "Chart of the Day" from today's Early Look note written by Keith McCullough.
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My TRADE and TREND Signals are very good at sniffing out proactively predictable behaviors. These often start signaling in the Currency Market, then find their way to Equity Markets ... CRB Commodities Index (19 Commodities) was -0.2% last week to +7.3% in the last 3 months. Unlike them, we don’t cherry pick random definitions of inflation on what “duration” fits their narrative (their latest has been to look at “3-month rolling” but they’ll stop that WHEN CPI Inflation hits a 3-month high this week). Nope. We. Don’t. Do. That. We always measure and map everything across ALL 3 TRADE, TREND, TAIL durations. |
