PPI drops in 50 mins. Forecast already running hot.
Market isn't pricing in a cool print—it's bracing for worse.
Below forecast = relief rally
At or above = more pain, especially with oil over $100 and FedWatch showing ~60% odds of a Sept 16 hike
CPI still tomorrow. This is just the warm-up. Producer prices first, then the real test.
Market isn't pricing in a cool print—it's bracing for worse.
Below forecast = relief rally
At or above = more pain, especially with oil over $100 and FedWatch showing ~60% odds of a Sept 16 hike
CPI still tomorrow. This is just the warm-up. Producer prices first, then the real test.
