Region: North America

CPI came in slightly lower than expected. Up and down. Retail sales hold steady

Why the bifurcated economy defies recession calls. Break below 1.40. Range trading on downbeat data.

Immune to noise, hungry for data. Odds of a rate cut remain high. Soft prints, softer sterling.

Canada’s inflation comes in hotter than expected. Strong earnings and global calm ease banking jitters. Mean reversion, minus momentum.

Inflation and market data. Realignment, not breakout. 50-day SMA.