If you’re trying to drop a few pounds you’re going to love this next post. It’s all about the PCE deflator. Wait! What the heck is a PCE deflator?
Although it might sound like the latest trend for waist watchers, the PCE deflator actually has nothing to do with your diet. It’s a term used by economists no matter what they’re eating.
The PCE deflator or Personal Consumption Expenditure Deflator is a measure of inflation based on changes in personal consumption. It comes out when GDP comes out.
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Trader disclosure: On Oct 5, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (ATVI), (INTC); Najarian Owns (VCLK), (NDAQ); Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (BWS), (GE), (WMT), (TGT), (PSS), (COP); Finerman's Firm Is Long (MSFT) Calls; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Seygem Asset Management Owns (BX), (BBD), (EEM), (EWZ), (GLD), (ITU), (TWX), (CFC)