Mike McGlone|Nov 12, 2026 10:40
Commodities, Stocks Signal CPI Below 2%
The consumer price index may fall below 2% in 2027 if commodities and stocks are guides. My graphic highlights that the latest CPI reading at 3.7% as of Nov. 11 has come on the back of the greatest-ever 12-month surge in the Bloomberg Heating Oil (diesel) Subindex Total Return and the S&P 500-to-GDP ratio near its highest year-end level since 1928.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/todvxbvttczw {BI COMD}
#diesel #commodity #inflation @BBGIntelligence
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