On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "Fading The Soft Landing Narrative".
As CPI printed at 8.5%, market participants felt relief as many believe these are the early signs of inflation beginning to subside. On the back of a better than expected inflation report, markets began rallying as the market prices in a soft landing. Alfonso walks through exactly why markets rallied on the better than expected CPI report and if this is really just a bear market rally trap. But to hear that, you'll have to tune in! -- Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/
Referenced In The Show:
Fading The Soft Landing Narrative: https://themacrocompass.substack.com/p/fading-soft-landing#details -- Timestamps: (00:00) Fading The Soft Landing (01:52) The Labour Market (04:57) The CPI Report (12:39) Final Thoughts -- Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.