This week, the Consumer Price Index (CPI) inflation number came in lower for July (8.5% YoY) versus June (9.1% YoY). Seeing this number begin to decline has certainly been welcome news for markets. However, the headline rate (8.5%) may not be telling the whole story on this battle to stymie inflation. Hear Chris and Jesse talk through the various components of the CPI "basket", reveal how some internal numbers are still growing, and share some strong comments from a normally more dovish Fed Governor that suggest the fight to beat inflation isn't over!
Random Gleanings is the video blog of two friends and founding partners of PP&W talking “shop” on market trends, economic influences, financial planning ideas and recent news that pertains to moving your household or business ahead financially.
Use RG to catch up on the latest news and trends we believe are important, shared by the decision makers in their own words on a regular basis.
READTaking from reputable sources from around the web, Chartisphere offers the written thoughts and opinions of Chris & Jesse. The guys make a case for their current (& loosely held) market convictions based around helpful charts that illustrate either historical relevance or current trends that should not be ignored.
Use the Chartisphere to challenge or confirm your "gut feeling" on markets, or for a quick check on the latest thoughts of two guys who are paying attention.
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