US CPI release for Wednesday awaited
Confirmation of strong inflation will intensify the likelihood of more 75 bps hikes
Oil/gold prices likely to take further hit if dollar runs up ahead of Fed action
The pending...
Market sentiment improved this past week, with information technology shares leading the way. On Wall Street, the Nasdaq 100 gained 4.71% while Dow Jones futures gained just 0.87%. Things were also looking good...
It was a CPI report for the ages: with most already expecting a hotter than expected print (thanks to JPM), that's precisely what they got and then some.First, a quick recap: Headline CPI...
It’s CPI Day and, possibly, mea culpa day.
Last month I, and almost everyone else, said the peak was behind us as it dropped from 8.5% to 8.3%. In fact, I went out...
