Tuesday 20 February 2024

Mott

Okay, okay.

PR email ...

Dear Michael​,

Would you like to speak with portfolio manager and online investment guide Michael Kramer about the most recent consumer price index report and how the numbers will impact stock behaviour in the coming weeks?

Er ...

Kramer runs the Mott -

'Mott the Hoople, boss!'

What, Voice?

'He manages Mott the Hoople! Speak to him. It's better than the normal finance rubbish we get offered.'

Christ! Mickey Kramer doesn't manage Mott the Hoople.

'No?'

No.

Kramer runs the Mott Capital, actively managed long-only Thematic Growth Portfolio, that pays active attention to fed activity. He also authors The Market Chronicles, and provides daily market analysis with accompanying informational videos and charts.

'Oh.'

Yes - oh.

Anyway, we better do this now ...

Stocks ended considerably lower on Tuesday after CPI numbers showed higher than expected inflation, pushing back expectations for the timing for the first federal interest rate cut of the year. Michael has been tracking expectations for the report and their implications on stock behaviour; he even noted in an article on Seeking Alpha that inflation swaps were pricing in a hot reading. Michael can walk through the latest CPI report and explain the implications and likely results to come as a result.

Tuesday?

'Which Tuesday, boss?'

Probably last Tuesday.

'Yeah, but you have a habit of keeping these PR emails in your folder for weeks before you eventually take a look at them.'

I've got things on my mind, Voice. You know that.

'Okay.'

It was last Tuesday, anyway.

'Are you sure?'

Pretty sure.

Please let me know if you would be interested in speaking with Michael.

Best,

David

'Ha!'

David, mate ... my head's all over the place at the moment. I can talk to anyone.

Fair enough.

Thanks for understanding.

'I'll talk with Michael, if you like.'

You are talking with Michael.

Uh ...

Please let it

ENDS
ENDS
ENDS

Is it the ENDS yet?

'Unless you've got more to say.'

No.

'Let me speak with Michael.'

You already are!

Just be quiet, Voice.

'All right.'

Let's just sit here in silence.

'I'll float, if you don't mind.'

Whatever. Stop talking.

'Okay.'

PEACE
PEACE
PEACE

'And ...'

QUIET

But why do I feel so disturbed???

'Shush!'

Okay.

Where is Michael?

'Who?!'