Inflation, Oil Prices, and Staying Defensive
September 17 2023 Update
A very brief update from my side this week.
The Market is still in the indecisive camp within the red box above.
After a CPI report that showed inflation slightly higher than expected on an annual basis (3.7% vs. 3.6% expected) and oil prices that continue to tick higher, expectations have been moving the 10-year treasury rate up again.
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