Monday Morning Must-Knows - November 24, 2025

Monday Morning Must-Knows by Trading Academy

November 24, 2025

Government Hides CPI as Markets Crash and Housing Data Hits

Markets experienced a dramatic reversal after NVIDIA beat earnings and raised forecasts Thursday. Despite an initial gap up, everything collapsed and indexes hit significant lows. Traders are now asking if this is the bend at the end of the bull run.

This Thanksgiving week brings a flood of economic data after weeks of government shutdown left traders driving blind. The government refuses to release CPI numbers, raising serious questions about what they might be hiding. Meanwhile, PPI arrives Tuesday morning, Core PCE drops Wednesday at 10 AM during market hours, and a massive wave of housing data hits including Case-Shiller, HPI, pending home sales, and new home sales.

In this episode, Merlin Rothfeld breaks down the light earnings calendar, explains why the missing CPI data matters, covers the critical inflation reports to watch, and walks through the housing data tsunami. With markets closed Thursday for Thanksgiving and a half day Friday, this shortened week could see extreme volatility as delayed economic reports finally surface.