Today's calendar: no big data today, the real test is tomorrow's 8:30 AM ET inflation print.
→ 11:00 AM ET · NY Fed 1-year inflation expectations (prior 3.9%)
→ 1:00 PM ET · 3-year Treasury note auction
→ Tomorrow 8:30 AM ET · CPI YoY (est. 3.9%, prior 3.7%), core (est. 2.8%)
I think today's 11:00 AM ET inflation expectations print matters most. Worst case: if expectations climb above 4%, yields drift higher before Tuesday's CPI and the Nasdaq stays under pressure; I'm watching.
#Economy #Stocks
Watching: $SPY $QQQ $TLT
→ 11:00 AM ET · NY Fed 1-year inflation expectations (prior 3.9%)
→ 1:00 PM ET · 3-year Treasury note auction
→ Tomorrow 8:30 AM ET · CPI YoY (est. 3.9%, prior 3.7%), core (est. 2.8%)
I think today's 11:00 AM ET inflation expectations print matters most. Worst case: if expectations climb above 4%, yields drift higher before Tuesday's CPI and the Nasdaq stays under pressure; I'm watching.
#Economy #Stocks
Watching: $SPY $QQQ $TLT
