https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting I guess, S&P 500 making another 100 points easily next 3 weeks.... And grandpa Biden will hail "the greatest economy" due to Bidenomics It´s all "magic"!
%% LOL I never bought into the news media pretending one guy fixes or goofs most of it up . But for ''victims'' pretending that , sure makes it simple LOL Even with a market mover like Fed head J Powell; US markets up trended 100 years before FED ever got involved. I actually thought the 2 USa debt downgrades would have goofed up the bond market more than it did, but they must look @ US debts market competition ?? Historically rate cuts are good for stocks/ETFs. One monkey dont stop no show; nor does a group of monkeys throwing darts @ WSJ stop a show. Not an insult, not a victim or stock seasonal timing remark. Like Dallas Fed Rich Fisher noted ,its like shooting ducks, have to get ahead of them-great quote
Spaghetti price for 500g has more than doubled: from €0.34 to €0.79, but peak was even higher at €0.99. This is the cheapest one can get. The cheapest spaghetti price is my private indicator for inflation Ie. the real inflation is more than 100% between "Before Corona Epoch (BCE)" and "After Corona Epoch (ACE)" !!! Btw, SPX just hit 5,000 IMO b/c of inflation, not b/c of value
CPI REVISIONS This will rally spy to 5100 today!!!!!! I mean even 1% to 5050 is going to be spectacular Is this 14 out of 15 up weeks now????
%% LOL THAT's a lot for spageTTi; on a % basis LOL. WHOLE wheat[brown] bread has come down some; eggs down a lot, good for buying more SPY/SPX up trends LOL. Eggs came down a bit more strangely this \ brown eggs @ $2.06\ lower price than the white supreme priced eggs LOL Good to buy more SPLx +SPY.........................................................-murray TT Nothing like good market uptrend
We in LA don't buy our spaghetti with funny money (€), we purchase it with $. Last year two dozen large AA eggs at Costco was $7.99. Recently it was for $3.99. But I agree, package food prices once up seldom come down.
I think a paradigm shift is taking place: farmers everywhere are becoming one of the richest groups in the country.
%% WELL they get thier food cheap also WMT has brown eggs @ $2.06 plus tax; our state has farm stand eggs paying no sales tax, ag help , but they need it , profit margin on eggs is so slim. White , green + blue eggs tend to sell for more; Organic eggs = premium priced . Canadian quarter usually works as well as US quarter, except in some vending/KO machines LOL