+200% on SPY Puts - And I'm Not Done Yet!


Hello Reader, Happy Presidents Day! We got the CPI print on Friday (delayed because of the government shutdown earlier this month), and the headline number came in at 2.4% year-over-year, below the 2.5% consensus. Core CPI landed at 2.5%, in line with expectations and the lowest reading since March 2021. On paper, that sounds like progress. But let me ask you something. At this point, is there anyone trusting these slow roasted cooked numbers from the government? The same BLS that just...