Will the death of disinflation cause an actual 10% correction?
Inflation causing correction
Inflation is all that matters right now and we have a huge print this week. If the news is bad there is a clear risk that stocks enter into correction mode.
Yardeni: "This could turn into corrections of more than 10% but less than 20% this coming week if Tuesday's CPI inflation rate for December is higher than expected, causing the 10-year Treasury bond yield to revisit 2023's high of 5.00%."