konhow

Improved CPI, but Market Collapse – What is Happening?

Short
ECONOMICS:USIRYY   United States Inflation Rate YoY
Just about 1.5 years ago, inflation reached the highest point in recent decades. The January inflation number for 2024 was released on February 13th. Its CPI has improved from 3.4% for December to 3.1%. However, the major US stock indices collapsed more than 1% on the same day. Why is there such nervousness surrounding improved inflation, and what are its implications?

Mirco E-minin Dow Jones Futures & Options
Outright: 1.0 index points = $0.50
Symbol code: MYM

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