By Wolf Richter for WOLF STREET. This may be it, the end of the historic plunge of used-vehicle prices that has unwound 60% of the even more historic price spike during the pandemic. The price plunge, which kicked […]
By Wolf Richter for WOLF STREET. After months of worsening data on CPI inflation, we got still bad, but less bad, data today for April by the Bureau of Labor Statistics. And perhaps it was just another month-to-month […]
Ugly inflation in services drives up the 3-month “core CPI” for 7th month, to 4.5% annualized, worst in a year, and the 3-month overall CPI to worst since Nov 2022. By Wolf Richter for WOLF STREET. So inflation […]
But gasoline plunged and durable goods dropped. Food rose further from already painfully high levels. By Wolf Richter for WOLF STREET. Inflation in services accelerated in November for the second month in a row, to an annualized rate […]
The stock market finished sharply off its intraday highs, after the major stock indexes jumped on a cool CPI inflation reading, The post Stock Market Slashes Gains After Cool CPI Data; More Key Inflation Data […]
China deflation, Italian authorities watering down bank-tax threats, and fears about the AI Boom’s reality (SMCI’s comments dragged down NVDA) were the headline narrative-shapers of the day… but all anyone cares about is the giant […]
Earnings season began last week, with 12 S&P 500 companies reporting. Banks and financial companies were a big part of the mix. Better news on consumer inflation (CPI) boosted stocks while lowering yields and expectations for […]
The first of this week’s big event risks has finall arrived, and while the world and his pet rabbit is focused on the number’s potential for ‘dovishness’, bear in mind that expectations are for a […]
By Tatiana Darie, Bloomberg Markets Live analyst and leveraged finance reporter A cooling in inflation on Thursday could very well set off a relief rally in the stock market. Just don’t expect it to stick […]
As DB’s Jim Reid writes this morning, it feels odd to say but US mid-terms (tomorrow) might be more important than US CPI (Thursday). That’s because history suggests the mid-terms are a big influence on […]
Copyright © 2025 | Sandstone Group