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Morning Note | February 16, 2023 | Comments on NID/NIQ and Neuberger Berman Muni Cuts
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Morning Note | February 16, 2023 | Comments on NID/NIQ and Neuberger Berman Muni Cuts

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Feb 16, 2023
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Morning Note | February 16, 2023 | Comments on NID/NIQ and Neuberger Berman Muni Cuts
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Good Morning!

Markets are down today following a deluge of data and some Fedspeakers hawking.  January's producer price index, another inflation measure from the wholesale level, came in hotter than expected rising +0.7% on the month.  The consensus was looking for an increase of just +0.4%.  We also had initial jobless claims come in lower than expected…

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