UMich inflation exp at 10am. Given tight correlation to gasoline prices, given move higher in oil/gasoline over last few weeks, a hot number here that re-ignites infl expectations and throws into question idea of "well-anchored" could be problem for market expecting an easing Fed
@WifeyAlpha Grantham Stages of Super Bubble:
1. Bubble Forms
2. Setback Occurs
3. Bear Market Rally
4. Fundamentals Deteriorate- market declines to a low