Inflation Will Weigh On the Market

The CPI and PPI came in "hotter" than expected.

PRE-OPEN MARKET COMMENTS THURSDAY - Yesterday we learned that the CPI rose by .5% (.3% expected) and this morning we learned that PPI increased .4% (.3% expected). We also learned that PPI was revised upward to .5% in December (.2% was initially reported). The market has taken these "hot" readings in stride.

Daily Bulletin Continues...