[Column] US inflation statistics are more important than anything else for the market-Authors
2024/8/13 16:46 JST (some excerpts)
Since the last US consumer price statistics (CPI) were announced, the political situation in the country completely changed, and the global market was hit by the greatest fear since the novel coronavirus disaster. Therefore, it may be difficult to remember whether the July CPI, which will be announced on the 14th, continues to be important. But it's almost certainly more important to the market than anything else.
To get a glimpse of this, let's take a look at the movements of the Russell 2000 Index, which consists of small-cap stocks, over the past year. Excluding the drastic decline last week, it is no coincidence that the index fluctuated drastically on the same day that the CPI became an unexpected figure.
Since the last US consumer price statistics (CPI) were announced, the political situation in the country completely changed, and the global market was hit by the greatest fear since the novel coronavirus disaster. Therefore, it may be difficult to remember whether the July CPI, which will be announced on the 14th, continues to be important. But it's almost certainly more important to the market than anything else.
To get a glimpse of this, let's take a look at the movements of the Russell 2000 Index, which consists of small-cap stocks, over the past year. Excluding the drastic decline last week, it is no coincidence that the index fluctuated drastically on the same day that the CPI became an unexpected figure.
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