Consumer prices spike the most in over three decades. Jeremy Siegel and others on what's next (via TradingNation)
The Labor Department's consumer price index rose 6.2% year over year in October, its largest increase since December 1990. Annual core inflation rose at the fastest pace since August 1991.
"Listen, stocks love inflation until the Fed gets serious about it and they have not been serious about it. We will see. They're going to get one more inflation report in December or November before their December 15th meeting. If it is anywhere like it is today, I think the pressure on [Fed Chairman Jerome] Powell will be just enormous to come down much stronger than he has so far."
"I think the Fed is going to have to get serious, but what does that mean? The thing that you have to look out for is when do they raise rates? And we're months away from it, probably at least two quarters, and history says after the Fed starts raising rates, you usually get two years of rallying after that. So I'm really not that worried overall. … I do want to put something out there: I am very much all in. I am riding this horse to the finish line.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
All About Madonna’s Surprise Appearance at amfAR’s L.A. Gala Honoring Jeremy Scott and TikTokMadonna is never late to the party, everyone else is simply early
Baca lebih lajut »
‘The Continental’: Peter Greene, Ayomide Adegun, Jeremy Bobb Join Starz’s ‘John Wick’ Prequel SeriesPeter Greene (Training Day, For Life), Ayomide Adegun and Jeremy Bobb (Russian Doll, The Knick) are set as leads opposite Colin Woodell and Mel Gibson in Starz’s The Continental, the prequel to the…
Baca lebih lajut »
‘John Wick’ Prequel Series ‘The Continental’ At Starz Casts Peter Greene, Ayomide Adegun and Jeremy BobbStarz announced that Peter Greene, Ayomide Adegun and Jeremy Bobb have been cast in “The Continental,” the upcoming three-episode prequel series based on Lionsgate’s “John Wick” film franchise. Fir…
Baca lebih lajut »
Uber, Lyft making record profits as consumers pay high pricesUber and Lyft making record profits as the pandemic wanes as consumers pay high prices.
Baca lebih lajut »
Coinbase, Tesla, DoorDash: What to Watch in the Stock Market TodayU.S. stock futures edged lower as investors awaited data on consumer prices
Baca lebih lajut »
Brian Williams to Depart MSNBC and NBC NewsWilliams will leave NBCUniversal at the end of 2021 after nearly three decades with the company.
Baca lebih lajut »