Morning Note | Aug 26, 2022

Good Morning!

Markets are opening mixed after the release of the PCE numbers.  Personal consumption expenditures price index showed a yoy rise of +6.3% in July, down from +6.8% in June.  The month-over-month number fell -0.1%.  The core PCE index, which excludes volatile food and energy prices, had a 4.6% rise year over year and a gain of 0.1% month over…