USA CPI rise and AI stocks

The United States announced on March 12, 2024CPI (year-on-year)is the result3.2%It was.

Simultaneously announced in the United StatesCore CPI (year-on-year)is the result3.8%It was.

CPIis an abbreviation for Consumer Price Index and is an indicator that measures the level of prices.

In this result, it includes prices of fresh food and energy.CPI (year-on-year)Prices have stopped falling with a 0.1% increase.

This was expected since the end of 2023.Within the expected rangeIt is.

When prices start to rise, they accelerate, but when they fall, they undergo fluctuations.They go through declines and stagnation.This result follows a pattern of ups and downs.

In response to this resultUS 10-year bond yieldshas risen from 4.088%4.174%a sharp increase. This is for the stock pricethere is headwind.It is.

the unemployment rateAnnouncement had a subdued reaction in the bond market butthe unemployment rateIt can be seen that I value more than.CPIIt is a similar trend to last month.

US 10-year bond yieldsIf rises to a high of 4.354% on February 22nd, there is a possibility that the downward trend in bond yields will be disrupted, and a major adjustment phase may be encountered.

CPILooking at the breakdown of , CPI as a whole has risen by 3.2% on a year-on-year basis.

automobile insuranceIncreased by 20.6%

Housing expenses are the main issue.Increased by 5.7%

Tobacco and smoking productsIncreased by 7.1%

Food expensesIncreased by 4.5%

Housing expenses are the main issue.The prices are still high.automobile insuranceIs pushing up the overall figures.

Since the beginning of this year, there has been variation by state, but the increase in repair and replacement costs for cars is cited as the reason for the rise.Automobile insurance premiumsAre on the rise.

CPIInstead of comparing with the previous year's base, Compared to the previous month, while the overall increase is 0.6% based on the previous month,

the energy sectorincreased by 2.2%

clothingincreased by 3.2%

airfareRising by 6.6%.

It is part of the energy sector.Gasoline prices.is4.3%It is rising. This is causing market aversion.Market aversion.Is happening.

Last week announced. Employment statisticsIn regular employment. A decrease of 180,000 people. Regarding part-time employment. An increase of 50,000 people. There were signs of increase and imbalance.

Looking at the overall employment, it appears to be in good shape, but there seems to be a somewhat deflationary trend.

USD/JPYThe rate had fallen from an opening value of 150.70 yen per dollar on February 29th to a closing value of 146.74 yen per dollar on March 11th, but the current value is up to 147.69 dollars per dollar.ReboundI am doing.

USD/JPYDespite the decline in USD/JPY, we believe that the dollar will continue to be bought because there are still several months until the rate cut.

Strong dollarIf the strong US dollar continues, it will contribute to the moderation of inflation.Reasons for interest rate cutsIt is a tailwind for neighboring stocks.

Strong dollarbecause it continueshigh interest ratespolicy and maintaining high interest rates will continue to put pressure on the US economy, including rising rents and car insurance premiums.Housing expenses are the main issue.The rise in rental fees and car insurance premiums will continue to squeeze the US household budget.

Although it is a negative for the economy,AI stocksit is good news for

AI stocksThe surge inhigh interest ratesis often attributed to the negative factor ofimproving productivityThere is a viewpoint that says it will be covered by koss corp.

As the real economy slows down, the trend of interest rate cuts becomes stronger, and the possibility of financial estimates increasing further increases.AI stocksThere is a possibility that financial indexes will rise.

In this bond, we had a dislike for the persistent inflationary trend, but the housing costs and crude oil prices, which resisted falling, were contradictory.CPIIn this bond, we had a dislike for the persistent inflationary trend, but the housing costs and crude oil prices, which resisted falling, were contradictory.USA wheat futures pricesIt has fallen to around the peak of 2019 before the Corona.

Although the inflation is being subduedCrude oil pricesandHousing expenses are the main issue.Interest rates won't fall because they are strongly influenced by

If the US economy slows down, the stock prices will naturallyDeclineThere is a high possibility, but if the economy slows downCrude oil priceswill decreaseUS 10-year bond yieldsand so will decrease.

In a major adjustment phase that may occur somewhere this year, it is necessary to examine the unemployment rateand it is becoming more likely to be an excellent buying opportunity for stocks.There is an increasing possibility of becoming.