Tag Archives: EUR

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    Inflation Drives Metals Higher, Looking Forward to Humanity’s “Best Day Ever”

    Weekly Market Commentary 12 November 2021
    by davefairtex

    Sunday, November 14, 2021, 4:50 PM

    117

    This week was about inflation; first the PPI (PPIACO) hit on Tuesday: headline +2.04% m/m [24% annualized!], and then the CPI (CPIAUCSL) landed on Wednesday: headline +0.94% m/m [11.28% annualized!] Both numbers were absurd, multi-decade highs. Hey so about that “transitory inflation” thing – how’s that working again? Inflation expectations still under control? Chair Powell…

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