Producer Price Index Archives - Page 2 of 2

Weekly Market Update – 2.19.2024

Last week, the Consumer Price Index (CPI) and Producer Price Index (PPI) both came in hotter than expected, with shelter costs being the primary contributor to the notable increase in January’s CPI report, accounting for two-thirds of the total increase. For commentary and a chart explaining how real wage growth has outpaced inflation since the start of 2023, please take a look at the attached Weekly Market Recap. Real wage growth should support consumer spending and the economy. ...

Weekly Market Update – 1.16.2024

Last week, the Michigan Wolverines pounced on the Washington Huskies in the NCAA Football Championship. Their victory is analogous to how the shelter component dominated the warmer-than-expected inflation data in the December Consumer Price Index (CPI). The index component for shelter continued its rise, contributing to over half of the overall CPI increase. The owners’ equivalent rent of residences (OER) survey, which accounts for 75% of the shelter index, could overstate current ...

Weekly Market Update – 12.18.2023

Last week’s economic data and news were positively received. A cooler Producer Price Index (PPI), a dovish pivot by the Federal Open Market Committee (FOMC), and strong retail sales propelled stocks and bonds higher. The S&P 500 gained 2.53%, while bonds saw a 2.16% increase. November’s Core Consumer Price Index (CPI) was slightly higher at 0.3%, compared to 0.2% in October, excluding volatile food and energy prices. Shelter costs were the primary contributors to Core ...

Weekly Market Update – 11.20.2023

Last week, the S&P 500 registered a 2.31% gain, marking a three-week upward trend in stocks. Interest rates fell in response to moderate inflation data and decreased consumer spending, signaling a promising yet cautious economic scenario. In its recent earnings report, Walmart beat expectations and shared insightful observations on inflation and consumer behavior during its earnings call. The company noted deflation in most grocery categories, excluding beef, dry, and canned goods, and ...

Weekly Market Update – 11.13.2023

Last week, upbeat corporate earnings and a decrease in jobless claims helped the S&P 500 gain 1.35%, contributing to a two-week cumulative gain of 7.23%. Impressively, this two-week gain represents 43% of the S&P 500’s total annual gain of 16.60%, underscoring the challenge of market timing. Instead, successful long-term investing requires a planned and disciplined approach. This week, attention returns to inflation. The Consumer Price Index (CPI) for October reports tomorrow, ...

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Tag: Producer Price Index

Weekly Market Update – 2.19.2024

Weekly Market Update – 1.16.2024

Weekly Market Update – 12.18.2023

Weekly Market Update – 11.20.2023

Weekly Market Update – 11.13.2023

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