CPI and inflation - is the economy getting better?
Latest CPI News as of 10 Nov 2022 Latest CPI data from investing dot com The market moves easily from oversold to overbought in a volatile environment. Following the CPI news on 10th Nov 2022, the market embarked on a record single day rally. The market was expecting a MoM increase of 0.5% and the actual CPI amount arrived a lesser 0.3%. Data and narratives To put CPI into context, let's use an example of us expect a total of 8 fatalities from an industrial accident. Eventually, we end up with 7 deaths. Depending on how the news paints the perspective, we can focus on the 1 survivor or 7 lives that were lost. In this way, the facts are presented in a different light, offering a different perspective. Using this as the background, the news agency can choose to report the news in the following fashion: Heartbreaking tragedy where 7 lives were lost Miracle - 1 survivor found after an accident has claimed 7 lives While both presented factual informa...