U.S. Headline CPI Rep: 3.1% âś…In line with Expectationsâś… Exp: 3.1% Prev: 3.4%
Breaching below 3% is proving a difficult task for Headline CPI .
In 25 years of inflation history above and headline CPI cant seem to breach down below into the moderate <3% level
Since Oct 2023 Core CPI has only declined 0.1%.
PUKA
Comment
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U.S Core CPI Rep: 3.8% âś…In line with Expectationsâś… Exp: 3.8% Prev: 3.9%
U.S. Headline CPI Rep: 3.2% âś…In line with Expectationsâś… Exp: 3.2% Prev: 3.1%
Falling below 3% is proving a difficult task for Headline CPI. Since Oct 2023 Core CPI has only declined from 4% to 3.8%
The Feds 2% target is looking like a heard target to stretch down too. We have not yet breached the 3% level on either the headline or core CPI front. In June 2023 Headline CPI touched the 3% level for one month and has not reached back down to it since.
You can see from the chart that historically moderate inflation is between 1 and 3%, however we have not moved into this moderate zone and it appears its quite the resistance to break down into, even for headline CPI
@ghostintheshell3, I find both notoriously difficult to judge. There are other trades out there with consistent trends that make sense that move quicker. My fear with NATG and Palladium is that in the wait you'll lose out on other opportunities. I look at both presently as diversifiers for longer term commodities portion of a portfolio (3 - 5 years plus) but this would only be 3 - 5% of a portfolio max. I have neither. I might consider them as diversifiers down the line but, i mean the I shares energy ETF looks ready to pop... and why not just use that as the safer energy capture?
PukaCharts
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@PukaCharts, Also, thank for you patience in awaiting my response, im only realizing notifications went off for comments for some reason. Happy Monday and hope you are well.