Market Commentary

May 14, 2024

More evidence suggesting that inflation levels will decrease as the year progresses.

Small businesses anticipating price hikes at the lowest levels in over a year.

Via Ed Yardeni:

“.. more good news on the inflation front today: The net share of small businesses planning price hikes is the lowest in a year. This series also supports our notion that inflationary pressures on the CPI are still moderating.”