An honest-to-God five, yes five, days of trading (I’ll be traveling on Bear Force One starting midday Friday, but I’m looking to NO holidays!) The inflation data next week is key.
Full Week Ahead!
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Everyday Inflation
The Latest Upthrust
Well, that’s annoying. The CPI numbers came in precisely, exactly, on-the-dot where they were assumed to, and in response equities have rocketed higher. (OK, let’s not all have heart attacks; we’re talking about gains of about 0.45% to 0.77%). Anyway, not a great start.
Crucial Levels!
Tomorrow morning, an hour before the opening bell, we get the first post-election CPI report. The laughable projection is that inflation is meekly ambling along at 2.7% (which explains why every month my credit card bill is way into the quadruple digits), but it’ll be interesting to see if the government actually produces something closer to reality like, oh, say, 15%. Here’s what we’re supposed to believe:
Keyboard Inflation
My keyboard was acting a little funny, so I decided to get a replacement. This was the keyboard price I paid a few years ago…….a little over $60:
THIS is the exact same keyboard today. No thank you!
Thanks, Biden!
