http://news.bbc.co.uk/cbbcnews/hi/find_out/guides/trends/rollercoasters/newsid_1578000/1578955.stm The stock market reacted quite positively yesterday to the slightly better than expected news regarding measured inflation. The total measure and the “core inflation” measure excluding more volatile food and energy prices were both a little lower than expected for the month and for the 12-month calculation. https://www.cnbc.com/2022/11/09/stock-market-futures-open-to-close-news.html I don’t think that trend inflation … Continue reading Has Inflation “Turned the Corner”?