It is definitely October Country!
Liquidity moves markets!Follow the money. Find the profits!
First, Core Personal Consumption Expenditures (PCE) Prices declined to 1.78% YoY pulling away the Fed’s desired 2% core inflation rate.
And on the housing front, US Pending Home Sales fell 4.6% YoY in October, making it the 10th decline in 11 months.
Yes, it is truly the October Country, a dark feast of wonder and horror.
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