The Blind Squirrel's Monday Notes. 2/20/23

That feeling when you realize that PIMCO's Personal Account dealing rules are stricter than the Fed's...

Summary

• Last week’s CPI and PPI reports point to a risk of accelerating inflation. For now, equity markets do not care.

• With the help of Jefferies strategist Dave Zervos and ‘Old Chestnut’ we contempl…