Quick announcement: I’ll be in Siem Reap, Cambodia for the next couple of weeks. While I’m here, I’m open to a small number of in-person conversations. If you’re based locally, or know someone here you think it would be worthwhile for me to meet, feel free to reach out privately at IR@DeepKnowledgeInvesting.com. Also, I was … Read more
Overview: Today, we got the January Consumer Price Index (CPI) report which showed an overall increase of 2.4% for the last year. That’s below last month and below the 2.5% expected. The monthly change was 0.2% vs the 0.3% estimate. The Core CPI which excludes food and energy was up 2.5%, consistent with expectations. The … Read more
We got an estimated CPI that shows inflation has slowed. The market loved seeing that, but I still think inflation is too high. Plus, do any of you think the Bureau of Labor Statistics estimated a low CPI? Me either. Oil prices continue to fall. Efforts to embargo Russian oil have failed. DKI predicted this … Read more
Overview: Today, we got the November Consumer Price Index (CPI) report which showed an overall increase of 2.7% for the last year. There was no October report due to the government shutdown so there will be no monthly comparisons in this piece. The annual number is down 0.3% from the September report and 0.4% below … Read more
Overview: Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.0% for the last year and up 0.3% for the month (annualizes to 3.7%). The annual number is up 0.1% from August and 0.1% below expectations. The monthly is up 0.3% and 0.1% below expectations. The Core CPI … Read more
Overview: Today, we got the August Consumer Price Index (CPI) report which showed an overall increase of 2.9% for the last year and up 0.4% for the month (annualizes to 4.9%). The annual number is up 0.2% from July and 0.1% above expectations. The monthly is up 0.2% and 0.1% above expectations. The Core CPI … Read more
Overview: Today, we got the May Consumer Price Index (CPI) report which showed an overall increase of 2.4% for the last year and up 0.1% for the month. The annual number is up 0.1% from April and in line with expectations. The monthly is down 0.1% and below expectations. The Core CPI which excludes food … Read more
Overview: Today, we got the April Consumer Price Index (CPI) report which showed an overall increase of 2.3% for the last year and up 0.2% for the month. Those are both 0.1% below expectations. The 0.2% monthly increase reverses last month’s -0.1% deflation figure. The Core CPI which excludes food and energy was up 2.8% … Read more
Overview: Today, we got the February Consumer Price Index (CPI) report which showed an overall increase of 2.8% for the last year and 0.2% for the month (annualizes to 2.4%). That’s below last month’s 3.0% and above the prior month’s 2.9%. Both the annual number and the monthly were 0.1% below expectations. The monthly was … Read more
