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CPI Preview: First 4%+ Print In Three Years
"in the past 100 years once CPI crosses 4% on average, the S&P is down 4% in the next 3 months, and down 7% next 6 months."
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zerohedge.com
Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years
The main economic event of the week, namely Wednesday’s May US CPI report: in the past 100 years, once CPI crosses 4% on average SPX -4% next 3 months, -7% next 6 months.
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CPI Preview: First 4%+ Print In Three Years
"in the past 100 years once CPI crosses 4% on average, the S&P is down 4% in the next 3 months, and down 7% next 6 months."
