cpi
ValueWalk
ValueWalk
ValueWalk
ValueWalk
The British pound (GBP) lost half a percent against the U.S. dollar on Thursday after the country’s central bank decided not to raise its benchmark interest rates by 25 basis points. The GBP/USD fell nearly 0.6% on Thursday to dip below the 1.23 mark. This major currency pair has been trading in a clear downtrend in recent weeks after hitting a 15-month high back in July. The pound has lost nearly 7% in about 2 months, mostly due to the greenback’s strength. More importantly, GBP/USD now trades below important technical levels, which may invite more weakness. On the downside, the next cluster ...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Labor PainsThe core CPI has risen an at annualized rate of 3.1% in the past three months, which is the slowest pace since March 2021, so consumer inflation is still moderating and will move significantly lower as soon as owners’ equivalent rent and shelter costs cool off in the upcoming months. The Labor Department announced on Thursday that the Consumer Price Index (CPI) rose 0.2% in July and 3.2% in the past 12 months. The core CPI, excluding food and energy, rose 0.2% in July and 4.7% in the past ...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Labor Department Figures Are More MutedToday is the opposite of yesterday. While yesterday, ADP reported an increase in jobs, today’s Labor Department figures are more muted. (497,000 private payroll jobs versus 209,000 jobs). Confused? We all are. But here’s the deal: ADP does not have big revisions, and the Labor Department does. ADP doesn’t have seasonal adjustments that are extreme like the Labor Department does. Frankly, I’d rather believe ADP because they actually do the payroll processing. Int...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. In the wake of the disappointing June ISM manufacturing report, in my opinion, it would be very unwise for the Federal Open Market Committee (FOMC) to hike key interest rates at its July FOMC meeting. However, on Wednesday, the FOMC minutes from the June meeting were released and revealed that “Some participants indicated that they favored raising the target range for the federal funds rate 25 basis points at this meeting or that they could have supported such a proposal.” The key word is “some,” whi...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Good Guidance RewardedI like how stocks are acting to their earnings announcements this week. Earnings are still working, so that’s a good sign. Guidance is very important. The companies that give good guidance are obviously being rewarded. Retail news has been interesting this week. Home Depot Inc (NYSE:HD) reported on Tuesday that its same-store sales in the U.S. declined 4.6% in the first quarter and warned that it expects its fiscal 2023 sales to decline 2% to 5% compared to 2022. This is the fir...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. The Labor Department reported the CPI in March rose 0.1% and 5% during the past 12 months (down from a 6% annual pace in February). The good newshttps://www.valuewalk.com/cpi-fireworks-told-you/ is the CPI is now running at the slowest annual pace in nearly two years (since May 2021). However, the core CPI, excluding food and energy, rose 0.4% in March and 5.6% in the past 12 months (up from a 5.5% annual pace in February). Energy prices declined 3.5% in March, while food prices were unchanged. Q1 20...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら