Markets on edge into Sept CPI report (10/13) but tightening FCI provides some positive "skew" into the report.

Equities have become incredibly fragile, as knock-on effects from central bank tightening further pressure equity risk premia higher (lower multiples). And investors generally fear that inflation is not falling at a pace fast enough to prevent more aggressive measures by the Fed. The most important economic report this week is the September CPI report (released Thursday 10/13). Inflation has proven to be difficult to forecast and given the negative "shock" from the August CPI (9/13), it woul...

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