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Friday, April 26, 2024

Inflation -- April 26, 2024

Locator: 46873INFLATION.

With regard to the inflation report this morning, from Carl Q

Posted earlier:

Overview:

  • inflation: OMG --- headlines scary; facts anything but scary
    • just before the announcement; Dow up nicely (pre-market)
    • right after the announcement, Dow drops (pre-market)
    • by end of today, all will be forgotten
    • probably by noon, all will be forgotten

 As noted, by noon all was forgotten:

2 comments:

  1. Cramer on Required Higher Bond yields. don https://www.cnbc.com/video/2024/04/24/i-want-a-higher-treasury-yield-going-out-further-says-jim-cramer.html?

    ReplyDelete
    Replies
    1. Reply at this post: https://themilliondollarway.blogspot.com/2024/04/bonds-april-27-2024.html.

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