December 9, 2022
The big inflation report comes next Tuesday morning.
How big of a deal is it?
The past three reports triggered moves in stocks, of a magnitude that has historically (over 25 years of history) only been associated with major events.
In each of these past three inflation reports, the S&P 500 has traded in a range of greater than 5%.
So, this November report should be a doozy, especially since the Fed will decide on rates the day after (Wednesday).
Here's what the chart on stocks looks like as we head into next week.