Markets 'Sniffing Out' Positive Inflation Data: Amoroso

The video discusses the potential for a positive surprise in upcoming inflation numbers, with expectations for core inflation to decrease to 5.7%. It highlights the decline in goods CPI and easing wage inflation, suggesting a favorable outlook for inflation. The market's anticipation of these developments is examined, questioning whether these expectations are already priced in and how equities might react to the actual data.

What is the expected change in core inflation according to the consensus?

• Increase to 6.5%

• Decrease to 5.7%

• Increase to 7.0%

• Remain at 5.9%

Which component of CPI is mentioned as being deflationary?

• Healthcare

• Housing

• Services

• Goods

What recent trend in wage inflation is highlighted?

• Decrease from 5.6% to 4.6%

• Stability at 5.6%

• Increase from 4.6% to 5.6%

• Increase from 3.6% to 4.6%

What is the market's current expectation regarding inflation developments?

• Negative developments

• Positive developments

• No change

• Uncertain developments

What might be necessary to move equities according to the discussion?

• A high inflation number

• No change in inflation

• A soft inflation number

• A strong inflation number