US CORE PPI SHOCKER! 3.3% VS 2.9% EXPECTED. INFLATION KEEPS SURGING.
This data blows past expectations. The Federal Reserve has no choice but to remain hawkish. Interest rates will stay higher for longer. This is a major blow to risk assets. Prepare for extreme volatility. The market is about to get brutal. Don't get caught flat-footed.
Disclaimer: This is not financial advice.