What Today's CPI Print Means (1/12/23)

(1/12/23) Inflation numbers were expected to come in softer than expected [NOTE:This report was recorded prior to CPI release, clocking in with a 6.5% increase over last year, but a 0.1% decrease from the prior month.] A weaker CPI print would suggest the Fed might be closer to being done with its rate hike campaign than not, despite very clear signals from the FOMC that they're not anywhere near being "done." Markets are already performing well, technically; we had a "trifecta" of negative returns for 2022, a Santa Claus Rally (barely), and the January Indicator of very positive action in the first five days of the month. Historically, with these indicators, the full-year returns have been positive. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=NwSJhlnAXzc&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #CPI #Inflation #Trifecta #SantaClausRally #JanuaryIndicator #Markets #Money #Investing