Been so altered that were still dealing with it every day in the Financial Markets and just dont know it. Thats how i feel today after the shocking decline in Interest Rates that seems out of sy, this c with the averages. A decline in Interest Rates that i think actually caused the averages, bonds into stocks to hit the skins. Dow falling 101 points, nasdaq declining. 72 . When Interest Rates have gone down in the past, stocks have almost always gone up. Kind of lock step. But the linkage has been broken for certain of late. Now people just fret that if rates are going down, well, we have to be teetering into recession. How else can you explain it . Thats the wrong conclusion people. Theres a lot more at play including a newly frugal american chopper. Part of my some what reserved outlook comes from stress tests, reflections on financial crises. The new book by tim who i will be interviewing in new york city right after the show as much as i lived through the crisis like many of you ca
Volker has since been won and every now and then like today, calls that victory into question, at least until the next number comes out. The Consumer Price index rose 4 10ths of one twice, the largest increase in more than a year with prices for gasoline, food, clothing and just about Everything Else moving higher last month. A little inflation is not necessarily a bad thing. The goldie locks number for the cpi is 2 . Todays figure annualized is well above that, of course. So how will the fed process that number as it he begins the two day rate setting today. Inflation in the United States surprised to the upside in may. Immediate concerns turn to the impact on the price to consumers and whether the Federal Reserve could be forced to raise Interest Rates. The biggest monthly jump in a year and 2 10ths above wall streets expectations. For the First Time Since february 2013, the core inflation rate and headline rate that includes everything are at or above 2 . Thats close to what the fed
Volker has since been won and every now and then like today, calls that victory into question, at least until the next number comes out. The Consumer Price index rose 4 10ths of one twice, the largest increase in more than a year with prices for gasoline, food, clothing and just about Everything Else moving higher last month. A little inflation is not necessarily a bad thing. The goldie locks number for the cpi is 2 . Todays figure annualized is well above that, of course. So how will the fed process that number as it he begins the two day rate setting today. Inflation in the United States surprised to the upside in may. Immediate concerns turn to the impact on the price to consumers and whether the Federal Reserve could be forced to raise Interest Rates. The biggest monthly jump in a year and 2 10ths above wall streets expectations. For the First Time Since february 2013, the core inflation rate and headline rate that includes everything are at or above 2 . Thats close to what the fed
Calls that victory into question, at least until the next number comes out. The Consumer Price index rose 4 10ths of one twice, the largest increase in more than a year with prices for gasoline, food, clothing and just about Everything Else moving higher last month. A little inflation is not necessarily a bad thing. The goldie locks number for the cpi is 2 . Todays figure annualized is well above that, of course. So how will the fed process that number as it he begins the two day rate setting today. Inflation in the United States surprised to the upside in may. Immediate concerns turn to the impact on the price to consumers and whether the Federal Reserve could be forced to raise Interest Rates. The biggest monthly jump in a year and 2 10ths above wall streets expectations. For the First Time Since february 2013, the core inflation rate and headline rate that includes everything are at or above 2 . Thats close to what the fed aimed for. They began to worry what if prices keep rising be
Volker has since been won and every now and then like today, calls that victory into question, at least until the next number comes out. The Consumer Price index rose 4 10ths of one twice, the largest increase in more than a year with prices for gasoline, food, clothing and just about Everything Else moving higher last month. A little inflation is not necessarily a bad thing. The goldie locks number for the cpi is 2 . Todays figure annualized is well above that, of course. So how will the fed process that number as it he begins the two day rate setting today. Inflation in the United States surprised to the upside in may. Immediate concerns turn to the impact on the price to consumers and whether the Federal Reserve could be forced to raise Interest Rates. The biggest monthly jump in a year and 2 10ths above wall streets expectations. For the First Time Since february 2013, the core inflation rate and headline rate that includes everything are at or above 2 . Thats close to what the fed