December 4, 2024
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Stocks rise in anticipation of...

(11 January 2023) While rising consumer prices...

Stocks rise in anticipation of cooler CPI report

(11 January 2023) While rising consumer prices remain a major concern for most of us, recent data suggests that inflation in the US and elsewhere may be easing. After hitting a high of 9% in the summer, inflation has trended lower ever since, with November's report showing a 7.1% increase.  Tomorrow's CPI report for December is also expected to extend the downtrend as consensus estimates are now 6.5% for this report.  Stocks have been rising this week in anticipation a lower print, possibly to a level well below expectations. As...

Stocks rise in...

(11 January 2023) While rising consumer prices remain a major concern for most of us, recent data suggests that inflation in the US and...
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