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Daily Note | November 13, 2024 | CPI Day, BGH Flops (Buy?), MLPs!

Daily Note | November 13, 2024 | CPI Day, BGH Flops (Buy?), MLPs!

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Yield Hunting
Nov 13, 2024
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Daily Note | November 13, 2024 | CPI Day, BGH Flops (Buy?), MLPs!
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Stocks are little changed after the CPI report came in as expected. Markets did decline yesterday for the first time in a week taking a breather in the post-election rally. Bitcoin hit $90,000.

The October CPI report headline number was +2.6%, a slight acceleration from last month. Core price remain elevated at +3.3%. Both matched estimates.

Despite the a…

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