Alternative Path

[gdl]

Unexpected slowdown in CPI. Either the producers will eat the additional costs or they can't pass it on. I suspect next months reading will be a Big Jump. Nothing the FED says tomorrow will put a dent in the rally. A late holiday rally but it is definitely here. The DOW will achieve new highs before this year is out. I am perplexed how the CPI can come in so tame at such an early stage in the inflation cycle. Mid January we find out.