Tuesday's Note | April 11, 2023

***APOLOGIZES FOR THE LATENESS OF THE REPORT***

Good Morning!

The markets are mostly treading water as investors await the CPI data to come out tomorrow. This is the last CPI number before the May Fed meeting. If it comes out hotter or perhaps even in line with Core expected to rise, we are likely to see the Fed make another +25bp move in May.

We also had …