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Welcome to the latest edition of Talking Data. Our Talking Data series seeks to offer timely insights into macro market themes along with macro data and its impact on the economy and markets.

I am your host Kristen Radosh of Arbor Research and Trading. Our commentator today is Jim Bianco of Bianco Research.

Today Jim details the reaction of Friday\\u2019s CPI Report in the last two days.
\\n\\u2022 What happened to transitory?
\\n\\u2022 The market\\u2019s reaction.
\\n\\u2022 The Fed\\u2019s reaction.
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\\nThank you for joining us today. We are client driven, if you have any questions or feedback on future topics, please let us know.
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\\nFor further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at gus.handler@arborresearch.com.