Morning Note | July 13, 2023

Good Morning!

Markets are moving up modestly with the S&P 500 up for the fourth straight day, after yesterday's 'encouraging inflation' report. PPI came out at just +0.1%, with expectations of +0.2%.  Core PPI was also up +0.1%, better than expected.  This builds on the CPI report momentum. Investors will shift gears now and focus on corporate earnings a…