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 consensus expectation for the core inflation rate mentioned in the text?

How has the goods component of CPI changed from last summer to now?

What recent trend in wage inflation is highlighted in the text?

What factors are contributing to the positive developments in inflation according to the speaker?

What does the speaker suggest about the market's pricing of a soft number?