Inflation very tame, so says the data...

Discussion in 'Data Sets and Feeds' started by S2007S, May 14, 2008.

  1. S2007S


    These numbers are so bullish, inflation seems to be under control, so they say...

    The consumer price index increased 0.2 percent after a 0.3 percent gain in March, the Labor Department said today in Washington. So-called core prices, which exclude food and energy costs, climbed 0.1 percent, compared with a 0.2 percent advance a month earlier.

  3. For today, the reality of those #'s don't matter - just our perception of our perception of our perception of our perception of what the herd will do.
  4. "SELL THIS RALLY!!!!!!!!!!!"

    "DOW SUB 11,000 SOON!!!!!!"
  5. LT701


    thats really good news

    i had a feeling those gas prices were imaginary
  6. S2007S


    They are, and those food prices imaginary as well, I dont mind paying close to $4.00 for a loaf of bread and $$$$$10.00 for a pound of about inflation....
  7. Cherry picked indeed, bet they took that late March low. This is going to come to a head pretty soon, they can't fudge it much longer.

    Unleaded Gas Chart
  8. You make a very "rookie" mistake thinking that the financial markets are 100% directly correlated with the Economy. Most traders are aware of this, but for some reason you are not.

    Big mistake.
  9. S2007S caught in the headlights again?

  10. Volcker, ex-Fed Chairman, says there may be more inflation than CPI data is saying.

    You think???
    #10     May 14, 2008