Inflation very tame, so says the data...

[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.

 

[PohPoh]

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

BWAHAHAHAHAHHAHAHAHAHAHAHAHAHA

 

[heywally]

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.

 

[makloda]

Quote from S2007S:
These numbers are so bullish, inflation seems to be under control, so they say...

"SELL THIS RALLY!!!!!!!!!!!"

"DOW SUB 11,000 SOON!!!!!!"

 

[LT701]

thats really good news

i had a feeling those gas prices were imaginary

 

[S2007S]

Quote from LT701:

thats really good news

i had a feeling those gas prices were imaginary

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 CHERRIES.............talk about inflation....

 

[Aaron Copland]

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

 

[Landis82]

Quote from S2007S:

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

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.

 

[makloda]

S2007S caught in the headlights again?

 

[RiceRocket]

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

You think???