Today's CPI number (March 14 2008)

A

axehawk

I'm guessing the market will puke after a high number is posted.

The question is, what will that dick Bernake do on Tuesday and how the market react to that?
 
Today's report showed energy prices dropped 0.5 percent, the most since August, after a 0.7 percent increase in the prior month. The cost of electricity dropped by the most since December 2005. Gasoline and fuel oil prices also fell, while natural gas expenses jumped.

:confused:
 
With metals, grains, energy sky-ing and money pump at 18%, my view is that this CPI report is just another BIG FAT LIE... not that it matters to traders in the short run.
 
Quote from gnome:

With metals, grains, energy sky-ing and money pump at 18%, my view is that this CPI report is just another BIG FAT LIE...
More...


No shit.

How the hell can this number go down/stay flat with oil @ 110 and all the ags going parabolic?
 
oil over 110... but that's why they invented the Core CPI :)

so we can have more to discuss and argue about... :) lol

anyways, don't focus too much on CPI bcoz there's the consumer confidence and then Beeks speaking.... so... i'd go for a walk today... better for blood pressure. it's not like you have to make money today.
 
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