Last time we talked about what CPI is, today we'll talk about its perfect partner——PPI.
1. What is PPI？
The Producer Price Index (PPI) is used to measure commodity prices, which represents the average price of goods purchased by manufacturers.
2. Why PPI is CPI's perfect partner?
In general, PPI measures the average price of upstream market, and CPI represents average price of downstream markets.
When the upstream price increases, the downstream market will receive increased signs, and the price gap between the two markets can be filled with cost-shifting.
For example, if lumber's price increases, the price of wooden stools will increase.
Therefore, investors can use PPI to predict CPI. This is why they are perfect partners.
Don't read this:What is CPI?
3. What is the PPI for?
PPI can measure the inflation rate experienced by manufacturers.
If PPI is higher than expected, this means the inflation risk is rising from manufacturers.
The Fed may increase the interest rates based on an increasing PPI, which results in bullish on the U.S. dollar.
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$

🚀🚀🚀🚀🚀
$Exela Technologies (XELA.US)$
$Vinco Ventures (BBIG.US)$
$Tesla (TSLA.US)$

Singapore is a vibrant country with so many great companies that not only changed the way we live but also created tremendous value to investors.
Although the $FTSE Singapore Straits Time Index (.STI.SG)$ , which tracks the performance of the top 30 companies listed on SGX, has a total return of 15% in 10 years, some great stocks have done far better.
For instance, $DBS Group Holdings (D05.SG)$ jumped 640% over the past 10 years. $SGX (S68.SG)$ also made a lot, gaining 168%, and the parent firm of Shopee, $Sea (SE.US)$ (Listed on NYSE), made a sexy gain of 2092% since the end of 2017.
From top to bottom: Sea, DBS, SGX, FTSE Singapore Strait Index
Picture: moomoo
In this SG Top 10 Great Stocks Series, we would like to introduce the 10 greatest Singapore stocks, including companies of your picks. You can have a better understanding that "what are the great companies around us?" and "what characteristics make them great?".
Give your favorite company a vote, and we will start this series according to your choice. Don't forget to leave your comment below if you want one or more specific companies to add to this list.
Your idea counts!

By Danilo
Hey, moomooers! Here are things you need to know before the opening bell:
-U.S. stock futures were lower in early morning trading Tuesday as bond yields see a continued rise that pressures growth pockets in the market.
-The popular video-sharing app announced the milestone after saying earlier this summer that it plans to let users post longer videos on the platform.
Market Snapshot
U.S. stock futures were lower in early morning trading Tuesday as bond yields see a continued rise that pressures growth pockets in the market.
$Dow Jones Industrial Average (.DJI.US)$futures declined 180 points. $S&P 500 Index (.SPX.US)$futures were lower while $NASDAQ 100 Index (.NDX.US)$futures traded in moderately negative territory.
Top News
Stocks finish mixed as energy rallies
U.S. share benchmarks wobbled, bond yields rose and oil hit its highest level in nearly three years, as investors bet on further economic reopening but remained concerned about supply-chain disruptions.
Fed's Williams: tapering bond buying 'may soon be warranted'
Federal Reserve Bank of New York President John Williams said the time for the central bank to pull back on asset buying is coming up, but he indicated rate rises still lie well off.
SEC panel backs letting ordinary investors into private equity
The SEC's Asset Management Advisory Committee recommended that the regulator increase ordinary investors' access to private-equity, private-debt and real-estate vehicles, a change long sought by asset managers.
Ford fortifies EV bet with four new U.S. factories
$Ford Motor (F.US)$The auto giant plans to spend $7 billion to build two battery factories in Kentucky and a third in western Tennessee-part of a collaboration with SK Innovation-as well as a factory for producing electric trucks.
U.S. units of Trane reach proposed $545 million settlement in bankruptcy
$Trane Technologies (TT.US)$Roughly 80,000 asbestos claims pushed the two units, Aldrich Pump and Murray Boiler, into chapter 11 last year. The settlement still requires bankruptcy court approval.
TikTok tops 1 billion monthly users
The popular video-sharing app announced the milestone after saying earlier this summer that it plans to let users post longer videos on the platform.
TSLA touches 7-month highs
$Tesla (TSLA.US)$'s shares surged after reporting its Shanghai factory is expected to produce 300k cars in its 1st 9 months despite the semi shortage as auto sector another area of outperformance today.
Read More
Merck nears deal to acquire Acceleron Pharma
Natural gas notching biggest one-day rise since February
Oil extends rally into 6th day on tight supply, Brent hitting three year high
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

$Ethereum (ETH.CC)$ drop so quick🤔