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CPI did not really affect my tech portfolio as the results were quite expected.
I will place a protective put to ensure it's okay. If it goes down, then I will buy more to average them down.
I will place a protective put to ensure it's okay. If it goes down, then I will buy more to average them down.
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US inflation is cooling, but housing costs are still a major pain point. The latest Consumer Price Index (CPI) data (for the month of July 2024) showed a 0.2% month-on-month increase, with a year-on-year rise of 2.9%. While overall inflation is slowing, the core CPI, which excludes food and energy, also increased by 0.2% in July, bringing the year-over-year rate to 3.2%.
This marks the slowest pace since early 2021. However, nearly 90% of the monthly CPI gain is d...
This marks the slowest pace since early 2021. However, nearly 90% of the monthly CPI gain is d...
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Columns Nonfarm Payrolls Significantly Below Expectations! Are Global Stocks Starting "Recession Trade"?
In July, the US labor market experienced a growth of just 114K jobs, significantly below the revised figure of 179K in June and missing the mark against the anticipated 175K. This figure represents the lowest job growth since Feb. 2021.
The health care sector saw a continued increase in employment with 55K jobs added, followed by 25K in construction, and 14K in transportation and warehousing. Governme...
The health care sector saw a continued increase in employment with 55K jobs added, followed by 25K in construction, and 14K in transportation and warehousing. Governme...
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CPI in the United States fell for a third straight month to 3.0% in June from 3.3% in May of 2024. Core consumer prices in the US increased by 3.3% in June of 2024 over the same month in the previous year, down from 3.4% in May.
Compared to the previous month, the CPI unexpectedly declined 0.1%, following a flat reading in May and compared to expectations of a 0.1% rise. Core CPI monthly rate edged down to 0.1% from 0.2%, below expectations of 0....
Compared to the previous month, the CPI unexpectedly declined 0.1%, following a flat reading in May and compared to expectations of a 0.1% rise. Core CPI monthly rate edged down to 0.1% from 0.2%, below expectations of 0....
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