Today's Note | Oct 13, 2022
The inflation report is out. Headline +8.2%, yoy. Core +6.6%, a new yoy high. Highest since 1982 when it hit +9.3%.
Futures were up going into the report and then tanked following the hotter-than-expected report. At the lows, the markets were down over 600 points. A couple of hours into the session, the markets have recovered all of those losses a…
