In u. S. Inflation numbers. Medicine, food prices higher. Usedcar prices rising the bust since 1969. A deceleration in Core Services prices. Pandemic buying patterns have altered to the point that transportation, lodging away from home, still seeing an increase. The data is signaling little acceleration. Lapsed fiscal eight. Policy rates still years away. When you scrape beneath the Surface Company inflation data is pretty lackluster. Joe it came in pretty much right as expected across the board. You mentioned car prices. We will talk about that a little bit later. To me, the big thing is that white line. I think it offers a a lot of signal here. Unlike a lot of other lines, this one continues to be saggy. I think it is consistent with this ongoing disinflationary slump, not exactly it is the opposite of hot, whatever that is. Romaine we saw underneath that data, Something Like grocery prices actually fell in the recent month. When you talk about whether there is inflation, i guess the
Low. Shake shack and tesla both getting slapped with downgrades. Star bucks raising prices but coffee addicts keep chucking. Well talk about why. First up it is the sign of a resilient u. S. Stock market. Eurozone officials are meeting today pushing for new reform proposes from the greek Prime Minister. Banks and stock markets remain closed. Pictures of people waiting outside the banks. Pensioners trying to withdraw some money. There is a sense, has tsipras built Political Capital post referendum in. I think that merkel is making a stand. Theres really good articles today about how merkel has emerged as being pretty much a dictator. And the wall street journal writing a story this morning about germanys rise in power over the last eight years. Its going to make it so it doesnt look good for tsipras. This dollar being strong earnings season starts tomorrow carl. Cut numbers, cut numbers, youre going to have to cut number for every international company. This is im very uncomfortable wit
For a Television Network called fuse tv. They will pay 200 million to buy the channel owned by Madison Square garden. Investors and economists will be waiting for todays payroll reports to see if the winter impact is finally ebbing. Mike mckee has more. We will call it groundhog day for the economy. Will the shadow of the long winter finally go away . We werergue about averaging 200,000 jobs a month. Then we dropped off after october. There was something going on. It probably had a lot to do with the weather. We are still quite cold in midmarch when they took the survey. Better than it was in february. We have had better data. We saw the Auto Industry report of best sales since may o 2007. We will see an increase of 200,000. There was another area, hours worked, where we were studied for a long time. About whena week for he seven months. Then, down the drain. That should come back as well. Another sign that things are getting a bit better. This will be the first jobs data that we get a
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