Morning Note | Nov 10, 2022 | How To Invest For Rising Rates

Good Morning!

Futures are on fire as the CPI (inflation) print came in below expectations at +7.7% vs. +7.9% expected.  The month-over-month was *just* +0.4%, which is still hot in an absolute sense but again, below expectations of +0.6%.  Core inflation was +0.3% and +6.3% y/y.  This is fourth straight month of decelerating, yoy inflation.  The markets …