The CPI rose 0.5% in January. Energy led the way, up 5.5%. Apparel rose 1.7%, shelter 0.2%. Year-over-year CPI was flat. Inquiring minds are diving into the January Consumer Price Index (CPI) report from the BLS. For the month, the CPI jumped
February 14, 2018
The dip/correction/crash of the last couple of weeks has provided a useful litmus test for certain alternative strategies, it has reminded us how risky some of the more complicated strategies can be and reminded us that equities are not a
Bitcoin is struggling to retake the $9,000 level after its spectacular implosion last month – its worst since the very early days of bitcoin when the price of a single token was much, much lower – but the selloff that
Ahead of a short week for China holidays and the release of US CPI data, it was no surprise we saw a mixed session in Asia. The Nikkei continued its bearish move with a decline today of -0.45%, briefly flirting
Copper vs. Oil The Q1 2018 meeting of the Incrementum Fund’s Advisory Board took place on January 24, about one week before the recent market turmoil began. In a way it is funny that this group of contrarians who are
Stocks backed up and then took off after the CPI data came in ‘higher than expected’ this morning. At first glance that seems counter-intuitive. A higher CPI will give the Fed more street cred in raising rates, which is what
Another Biotech Deal, Another Rally Bristol-Myers Squibb Expands Immuno-Oncology Pipeline With Nektar FBT up 2.8%, IBB up 2%, XBI up 2.6%: Momentum Returns Market Ignores CPI News with NAZ Up 1.9% but 10 yr Yield is 2.91% Biotech stocks soared at the opening
The market internals look a lot better. The bullish percents are headed higher, and the number of new 52-week lows has settled down. The Nasdaq is now above its 50-day, but the other major indexes are still below. I
During the Olympics CNBC is tracking the stock market in the morning and curling in the afternoon. Which is more useful for investors? At times, it might be curling.In fact, investors can learn a lot from watching the Olympics.For example:
Note: With the release of January Retail Sales and the Consumer Price Index, we’ve updated this commentary to include the latest Real Retail Sales. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague
