This week the focus will be on inflation, with CPI on Tuesday and PPI on Friday.

While we wait for Nvidia later this month, Cisco, Applied Materials, CoreWeave and NBIS will report. CoreWeave was hit v hard in the sell-off, with concerns around the company adding to fears that the AI trade is slowing so there will be a lot of scrutiny there.

https://preview.redd.it/m8ro4l1lcl0i1.png?width=640&format=png&auto=webp&s=46d322836da2e8e2c9ac3be42dcd39f8acc83449

In terms of inflation long-run inflation expectations have continued to ease and are now at their lowest level since June and CPI is expected to peak at 3.8% this quarter, while monthly payroll growth slows to around 60,000.…