Can A Soft CPI Print Fake Out The Bulls?

<p>Michael Zarembski discusses the impact commodities have had on inflation data. He highlights the fact that PPI and CPI does not have a one-to-one relationship between each other, but PPI could shed some insights into where producers may be seeing cost pressures. Mike noted that a soft PPI or CPI print could give bulls a reason to be positive but cautions that one “good” data point does not make a trend. </p>