There were two reports this week, plus the series I usually monitor: Consumer Price Index (CPIAUCSL): +0.18% m/m (prior +0.12% m/m); mildly inflationary. Producer Price Index (PPIACO): -0.04% m/m (prior -1.26% m/m); deflationary, declining-but-flattening; driven by energy. Fed Balance Sheet (WALCL): -1.4B (-0.02% m/m), prior -0.51% m/m. deflationary; 2-year low. Total Bank Credit (TOTBKCR): -35B…
by blaggers 
