Doh! The Fed Has a $110 Billion Problem with New Benjamins

July inflation data was slightly better than expected. Both overall and core (ex-food-and-energy) prices increased 0.2% MoM. The headline CPI print marked the first sub-3.0% reading since March 2021.

Here’s how the core-satellite investing approach can work for you.

The adage is cute, but quite incomplete