5 replies to this topic

[relax]

Statistically, every time Core CPI has risen by 0.2 per cent or less since may 2006, the main indexes have made new highs in the month to follow Is this really all it comes down to - seems like it

[skott]

yes and of course they are using "managed" prices to get that core figure. It really says something that the things everyone one of us buys and use on a daily basis is excluded from the core. That speaks volumes about the world we are living in today

[Drano]

Hmmm. I had that same conversation yesterday with some civilians who know nothing about the stock market. Seems like the average person is aware that there is lots of inflation andfeel-good inflation numbers on news stories do not make them, well, feel good about it.

[skott]

the one childhood story that sticks out in my mind is the "emporor has no clothes" for now they are telling everyone that he is wearing fine garments and isn't so wonderfull this goldilocks economgy with a booming(non inflation adjusted) stock market. one day there will be a realization that he has no clothes.

[Data]

There's several instances where core CPI were above .2 and the market rose. And just as many in the other direction. It's a nonfactor.

[relax]

Completely wrong, check your data again

Draw vertical lines on your charts on CPI/PPI dates with a text of how much core inflation was, and you will see that it is a big factor

There's several instances where core CPI were above .2 and the market rose.
And just as many in the other direction. It's a nonfactor.