The View from 5th Avenue

The View from 5th Avenue – 14 February 2023

Today was highly anticipated by both lovers and investors. We don’t feel qualified to comment on the former (or the latter for that matter!), but the markets also didn’t seem to know how to respond to this morning’s CPI headlines. The truth is, there wasn’t a lot of new information contained within today’s report. Prescription drugs saw increases, while used car prices saw more decreases than expected (though a reminder that the most recent Manheim saw car prices rising). Shelter and Energy mad…

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