This morning, I’ll be doing the guest hosting thing on CNBC’s Morning Call, from 11:00am til Noon.
Inflation: PPI, CPI, Energy & Ag
Earnings: S&P analyst consensus priced too high
Recession: Short and shallow, or deep and prolonged
As we discussed earlier today and this week, retail sales are up due to food and energy, and PPI is up across the boards.
More later . . .