Analyst Articles
Q&A: Expert Advice From a Wall Street “Rainmaker”
Data, Data, Data… Plus Crypto and Cannabis!
Happy Friday, dear readers! This week certainly buzzed by quickly — probably because of all the goings on in the world and markets. Let’s get to it! This Week’s Data Dump There was plenty of data on the state of the U.S. economy released this week. In particular, economists were eyeing the Producer Price Index (PPI) February report from the Bureau of Labor Statistics (BLS), as well as the Census Bureau’s retail sales report for last month. First, the PPI, which measures the prices producers of goods and services receive. These aren’t the prices that… Read More
Happy Friday, dear readers! This week certainly buzzed by quickly — probably because of all the goings on in the world and markets. Let’s get to it! This Week’s Data Dump There was plenty of data on the state of the U.S. economy released this week. In particular, economists were eyeing the Producer Price Index (PPI) February report from the Bureau of Labor Statistics (BLS), as well as the Census Bureau’s retail sales report for last month. First, the PPI, which measures the prices producers of goods and services receive. These aren’t the prices that consumers pay; rather, they’re the wholesale prices. The PPI can be a good indicator of future consumer prices because it measures upstream costs. If the PPI runs high, we can expect consumer prices — such as those measured by the Consumer Price Index (CPI) — to be higher in the near future. Anyway, the BLS reported that the PPI rose by 0.6% last month. That’s higher than the 0.3% analysts had been expecting, according to Dow Jones. It’s also higher than the 0.3% uptick recorded for January. On a year-over-year basis, the PPI jumped by 1.6%. Read More
Mid-March 2024 Crypto Market Update
Editor’s Note: Sigh… inflation… sigh… Let’s get to it. February CPI Comes in Slightly Hotter Than Expected According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) reading for February was higher than expected. Prices rose by 3.2% on a year-over-year basis. Read More