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PPI to show increased inflation once again?
- Thread starter MrDODGE
- Start date
regardless market will go higher or at very worst be flat
It seems the market rallys on inflation and retail data but sells off on employment data. Everyone is expecting increased inflation. It's gonna take some god awful number to have triple point down day.
Quote from stock_trad3r:
It seems the market rallys on inflation and retail data but sells off on employment data. Everyone is expecting increased inflation. It's gonna take some god awful number to have triple point down day.
that is because non-farm payroll is the biggest market mover of all the different econ reports.
The CPI data was about what was expected so it didnt sell the market off.
Who cares what the data says.
The government is actively trying to help the street hide losses.
The government is actively trying to help the street hide losses.
Quote from JamesVU2000:
Who cares what the data says.
The government is actively trying to help the street hide losses.
That is well known but the market won't selloff unless they see the real numbers.
Without Einhorn Lehman would have reported another positive quarter.
ABK, MBI, and TMA should no longer be alive.