(6/13/23) The CPI for May shows inflation slowing from 4.9% to 4.0% year over year, which investors hope will allow the Fed to pause in its interest rate hike campaign against inflation. With a continuation of its pause, Markets interpret that to be one step closer to future rate cuts. Markets rallied accordingly on Monday. Markets are well into three-standard deviations above the 50-DMA, and more than 10% above the 200-DMA. Softer inflation numbers could spur markets higher, but the longer that trend extends, the more likely a correction will occur. Use rallies to reduce risk, and take pull back opportunities to add risk.  Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton --------  Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel:  https://www.youtube.com/watch?v=_tK-7LH-TY0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Inflation #CPI #FederalReserve #InterestRates #200DMA #50DMA #Money #Investing