CPI

Overview: Today, we got the January Consumer Price Index (CPI) report which showed an overall increase of 3.1% unadjusted in the last year and 0.3% vs last month. This was above expectations of 2.9% for the year and above expectations of 0.2% for the month. The Core CPI which excludes food and...

The January inflation report delivered an unsettling surprise to investors Tuesday, indicating that price pressures remain more tenacious than anticipated. Despite a slight decrease from December’s 3.4% figure to 3.1% year-on-year, inflation exceeded forecasts, challenging the Federal Reserve...

The inflation rate dipped in January 2024, but missed the decline forecasted by economists. Overall price pressures increased at a 3.1% annual pace last month, data from the Bureau of Labor statistics showed Tuesday, representing a notable drop from the previous reading but coming in higher than...

Thematic Investing The S&P 500 approaching 5000 is something of a sideshow relative to the themes dominating the price action. The generative artificial intelligence boom garners the most attention, but the industrials sector, with the exception of the transportation & logistics industry,...

To gain an edge, this is what you need to know today. Small Caps Please click here for an enlarged version of the chart of small cap iShares Russell 2000 ETF (ARCA: IWM). Note the following: The chart shows the 2021 high in small caps. The chart shows the high in small caps in 2023. The chart...

To gain an edge, this is what you need to know today. Revised CPI Please click here for an enlarged version of the chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the revised CPI data brought...

Consumer Price Index inflation adjustments for the final quarter of 2023 remained unchanged at 3.3%, the Bureau of Labor Statistics said Friday. There were minor revisions in the month-over-month rates, which overall show a hint of stability as markets gear up for the forthcoming January CPI...

Economist Peter Schiff slammed Federal Reserve Chair Jerome Powell’s recent comments about the central bank’s inflation policy, pointing out a perceived inconsistency in the application. What Happened: Schiff took to X, formerly Twitter, to express his views on the Fed’s inflation...

Noted economist and Nobel laureate Paul Krugman recently highlighted the change in perceptions relating to the US economy, despite initial skepticism. What Happened: On Thursday, Paul Krugman tweeted, “A year ago those of us who said that Americans declaring that the economy was terrible also...

Last year, in the midst of fears of recession from hikes we were expecting cuts. Now the market caught up now expecting about seven cuts along with the Fed now expecting three cuts. That said, I now think there's a real chance for zero cuts and maybe even a risk for some hikes. Core CPI Holding...

Price pressures on goods and services bought by U.S. producers softened again in December, more than what economists expected. The Producer Price Index (PPI) was 1% higher in December 2023 compared to the previous year, although missing the 1.3% predicted by the economist consensus. This...

It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier Federal Reserve rate cuts. During the previous month, the Consumer Price Index (CPI) surged...

Overview: Today, we got the December Consumer Price Index (CPI) report which showed an overall increase of 3.4% unadjusted in the last year and 0.3% vs last month. This was above expectations of 3.2% for the year and above expectations of 0.2% for the month. The Core CPI which excludes food and...

Inflation overshot expectations in December and raised the question of whether the Federal Reserve’s dovish pivot at its last policy meeting might have been too soon. It’s been a tough slog for the Fed to get inflation back down to its 2% target and, as long distance runners know, it...

What Happened: Noted economist Peter Schiff recently expressed his concerns about the economy in 2024. He predicts that the Federal Reserve‘s efforts to restore price stability will backfire, leading to a recession and a resurgence of high inflation. Investors are convinced the #Fed has...