Editor's Note: Below is a brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more about the Early Look.
While the Nasdaq closed at yet another all-time (which, in the context of human history, remains a very long time) high of 6605 on Friday (+22.7% YTD) it was a big week for Reflation’s SEP-OCT reflation too.
On Friday, headline CPI got an energy-related juicing rising to 2.23%. Remember: get Oil right and you’ll get headline (sequential) inflation right.
