Here's a breakdown of the full report: CPI 0.3% MoM, Exp. 0.4% MoM CPI 3.4% YoY, Exp. 3.4% YoY CPI Core 0.3% MoM, Exp. 0.3% MoM CPI Core 3.6% YoY, Exp. 3.6% Retail sales missed expectations, coming in at 0.0% vs 0.4% Exp. Yesterday, Powell reiterated a patient stance on rates: “we'll need to be patient and let restrictive policy do its work.” “I do think it's really a question of keeping policy at the current rate for longer than ha...
Markets have been slow to embrace high for longer inflation (chart). Forecasting inflation is hard in normal times, a lot harder — when structural megaforces are overlaying cyclical forces and pandemic distortion (chart). Think about: ->Ageing Population and related greater healthcare and social security spend; ->Geopolitcal Fragmentation and related supply chain reconfiguration and greater defence spend; ->Low Carbon Transition and related series of supply shocks; —> ...
After reading@doctorpot1's post about theModern Portfolio Theory(READ FIRST), some research was done to have a deeper understanding on the theory, and I've applied the theory to 3 paperfolios. Before we start, there are some points to keep in mind. 1. Different from doctorpot's post, I'm allocating to VOO and QQQM as they offer lower expense ratio and potentially higher dividend returns as a tradeoff for lower AUM. 2. Due to limited data from$Invesco NASDAQ 100 ETF(QQQM.US)$, efficie...
Mack_2848 : cooked books
Expendabiggles Mack_2848: 100%
71487020 : Unbelievable!
102322839 Expendabiggles: Jerome happy face.