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Bear Market Blues

www.thecreditstrategist.com

Bear Market Blues

The Credit Strategist Blog

The Credit Strategist
Sep 13, 2022
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Share this post

Bear Market Blues

www.thecreditstrategist.com

The sharp decline in gas prices (down 30% since June) fooled investors into thinking inflation was easing, but August’s CPI report told a different story. Stickier categories like shelter and healthcare kept prices higher than expected, leading to core inflation (ex-food and energy) rising +0.6% last month, twice consensus estimates, and bringing year-…

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