Tagging along short term with the MO is one thing. BELIEVING it with one's head in the sand is another. Even going with the MO has a big risk, as one of these days Da Boyz are gonna call 'BULLSHIT'...
The way that these numbers are reported = FRAUD.... Big time joke.... What one needs is a true number....which is obviously not provided.... This ranks right up there with AAA S&P ratings....
I see rbob was up about 17 cents in Feb, hard to understand how gas prices went down on cpi during this time.
92% Fed Futures for 75bp cut. This is akin to little Johnny breaking his mother's vase and sweeping it under the rug in hopes that she won't find out. It's amazing how they can just flat out lie to us like this. There go the futures. The Fed Bank of NY with JPMorgan is reportedly helping out Bear Stearns with financing.
These numbers are hard to believe, I know im not the only one thinking something is very wrong here, all I know now is that they are pricing more than a 75% chance of a 75BP now that inflation as of March 14th is somewhat contained. They would have to be foolish to drop the rates down 75bp, but I guess if that what wallstreet wants, thats what they will get.
this CPI number proves one thing and one thing only: demand for goods is falling off a cliff. no way you have record commodity prices and all of the sudden the cpi drops. don't buy into this "one hit wonder" report.