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konhow
Feb 16, 2024 8:45 AM

Improved CPI, but Market Collapse – What is Happening? Short

United States Inflation Rate YoYTrading Economics

Description

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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