CPI

The S&P 500 is making a strong start to 2023 as yet another key indicator suggests inflation is trending steadily lower. On Thursday, the Labor Department reported the consumer price index gained 6.5% in December, down from a 7.1% increase in November and in-line with economist estimates. Core...

The entire investment world was on pins and needles Thursday morning waiting for the release of the December Consumer Price Index reading at 8:30 a.m. EST. If you were listening to Thursday’s PreMarket Prep show, you had the luxury of hearing meaningful insight into the furious price action...

Bitcoin (CRYPTO: BTC) spiked up 2.43% at one point during Thursday’s 24-hour trading session, leading Ethereum (CRYPTO: ETH) about 2.13% higher, prior to the U.S. Labor Department printing CPI data for the month of December. Although the data showed inflation ticked lower for the month ending...

Market bets on whether the Federal Reserve's rate hikes would lead to a recession in 2023 have become a primary focus for the equity markets and for those who trade them.  As a result of the Fed's focus on inflation, the correlation between individual securities and the consumer...

The SPDR S&P 500 ETF Trust (NYSE: SPY) initially jumped more than 2.5% on Tuesday morning after the consumer price index inflation reading for November came in lower than expected. Yet the timing of the initial spike in the stock market has raised some eyebrows among seasoned traders. What...

(Tuesday Market Open) Consumer price growth slowed to a crawl in November, fueling arguments that inflation is starting to ease. Stock futures rallied early Tuesday after the news. The November Consumer Price Index rose 0.1% versus analysts’ consensus expectations of 0.3%. Core...

A busy week ahead to say the least, let’s take a market minute to discuss what you should be dialed in on. After last week’s hotter-than-expected PPI figures suggesting inflation remains persistent, market participants are going to look to the consumer side of the equation this week. We...

A busy week ahead to say the least, let’s take a market minute to discuss what you should be dialed in on. After last week’s hotter-than-expected PPI figures suggesting inflation remains persistent, market participants are going to look to the consumer side of the equation this week. We...

CPI data issued by the Bureau of Labor and Statistics has been a powerful force on equity markets this year, as the Federal Reserve continuously hikes interest rates to cool record inflation. In fact, if inflation numbers come out soft on Tuesday, the sales and trading desk at JPMorgan is...

Peter Schiff, chief economist and global strategist at Euro Pacific Capital, has highlighted the effects of inflation using an ‘entertaining’ example. Schiff said in a tweet that many price hikes never make it to the consumer price index and highlighted the example of Walt Disney...

According to Bank of America, consumer discretionary spending was up 2.9% in October year-over-year, but down from its September reading of 3.2%. As the holiday season fastly approaches, a Bank of America survey found more than 20% of U.S. consumers intended to spend significantly less...

Holiday shoppers will be rejoicing in the coming weeks. Why? As they make their way to big-box retail stores to purchase gifts for friends and family for the 2022 holiday season, they will realize the prices of the goods they are purchasing are less expensive than in June....

Nobel laureate and noted economist Paul Krugman has expressed optimism over the latest inflation report, saying that a soft landing looks increasingly plausible. “A good inflation report — core inflation for October only 3.6% annualized. Monthly data are volatile; still 6...

Thursday's rally marked the best day for broader markets since stocks came up for air in 2020 after facing significant selling pressure on pandemic concerns. The indices raced higher Thursday morning after October CPI data showed inflation was cooler than expected...

It has been a volatile few days in the S&P 500 index. On Wednesday, the index plunged as investors went risk off, mostly predicated on the cratering of the cryptocurrency markets. And the unknown of the October consumer price index reading made the bulls less aggressive during...