"Consumer Prices rise in July, but rate of inflation slows"
Yeah, Nah.
Bullshit.
Fed minutes released next Wednesday will show an increased number
of Federal Reserve Board of Governors favor Taper.
The count of those in favor now stands at 6 up from 2.
Jerome Powell's recent Press Conference demonstrated Inflation is
not going down.
"The increases will...
The inflation adjusted $SPX has held to its long term trendline during this entire run, however in December the trendline became broken, only to see an immediate snapback rally placing us immediately on top of the trendline again.
This snapback rally was met with resistance that has now sent us right on the verge of breaking the trendline again. If we fall below...