Weekly Commentary | Oct 16, 2022

Oct 17, 2022

∙ Paid

Macro Picture

Major indices were mostly lower (Dow finished up) on the week as the earnings season unofficially has begun. We also saw a hotter-than-expected CPI ("inflation") report. 14 out of the last 15 have been "hotter" than expected meaning that the market continues to underprice inflation risk.

Headline inflation came in at +8.2%, down 0.1% fro…

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