Inflation has been the big topic this year, and if we get another set of strong numbers (and that’s not “strong” in a positive sense), people could start to think that we’re starting to have a serious “non-transitory” problem on our hands.
An hour before the opening bell on Tuesday comes the Consumer Price Index reports. These days, I consider this vastly more important than what used to be the big monthly report, which was unemployment. Inflation has been the big topic this year, and if we get another set of strong numbers (and that’s not “strong” in a positive sense), people could start to think that we’re starting to have a serious “non-transitory” problem on our hands.
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
Comments
Log in or sign up to join the conversation.