System is getting ready for a breakout...seems like market momentum is going to pick in one direction or another...up does not seem very realistic given the tiredness of the market action.
PCE Measure of Shelter Declined to 4.0% YoY in July
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Here is a graph of the year-over-year change in shelter from the CPI report
and housing from the PCE report this morning, both through July 2025.
[image: S...
10 minutes ago