by Mark Chandik | Dec 16, 2024
The monthly numbers are out, and while the rate of inflation is well off the 2022 peak, price hikes remain uncomfortably high. The U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI) and the core CPI, which excludes food and energy, both rose...
by Mark Chandik | Dec 9, 2024
On Friday, the U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls rose by 227,000 in November, which came in just above the consensus forecast of 214,000 (CNBC). The unemployment rate, measured by a different BLS survey, ticked up to 4.2% from 4.1%....
by Mark Chandik | Dec 2, 2024
Our discussions have included Fed policy, the economy, and the surge in inflation since the pandemic. Why? In large part, they are all a part of the stock market pricing equation. Yet, so are corporate profits, and profits for the largest U.S.-based companies are...
by Mark Chandik | Nov 25, 2024
Tables and graphics such as the one below typically surface every four years. While they are interesting, they do not provide much insight, except for the idea that stocks tend to perform well regardless of who occupies the White House and Congress. As the table...
by Mark Chandik | Nov 18, 2024
The Consumer Price Index (CPI) rose 0.2% in October, according to the U.S. Bureau of Labor Statistics. The core CPI, which excludes food and energy, rose 0.3% last month. The CPI is up 2.6% compared to one year ago, and the core CPI is up 3.3%. After reviewing the...
