The Consumer Price Index, a measure of the average price level of a basket of consumer goods and services, was up 0.3% for the month of October, while the core CPI rate, excluding energy and food, rose 0.2%. On a year-over-year basis, consumer prices were down .2%. Read More
In citing three conditions, the Federal Reserve has provided a roadmap by which market participants can gauge with greater precision the evolution of monetary policy, in particular the exit strategy for the Fed’s current stance, says bond expert Tony Crescenzi. Read More
Stocks surrendered earlier earnings-fueled gains on Friday as investors began to lock in some profits. So where should you put your investment dollars now? Brian Place, president of Place Financial Advisors, and Peter Boockvar, equity strategist at Miller Tabak, discussed their market outlooks. Read More
PPI after CPI? This morning, the Producer Price Index (PPI) will be reported at 8:30 am EST. Its counterpart, the Consumer Price Index (CPI) came out last Thursday. Typically, PPI precedes CPI (in fact, many economists use PPI in their models to forecast CPI), but not this time. Read More
The Consumer Price Index, a measure of the average price level of a basket of consumer goods and services, was up 0.2% for the month of September, while the core CPI rate, excluding energy and food, rose 0.2%. On a year-over-year basis, consumer prices were down 1.3%. Read More
The global recovery is being led by countries outside of the United States, and investors should look to multinational corporations to protect themselves against the weakening dollar, said David Darst of Morgan Stanley Smith Barney. Read More
You may know that investors around the world are eager to hear from the Fed on Wednesday. But did you know many in Europe are quite irate with Mr. Bernanke. Read More