fordmotor
In his podcast addressing the markets today, Louis Navellier offered the following commentary. No Yield SurgeThe Commerce Department announced on Friday that Personal Consumption Expenditure (PCE) report rose 0.3% in February and 5% in the past 12 months (down from a 5.3% annual pace in January). Q4 2022 hedge fund letters, conferences and more The core PCE, excluding food and energy, also rose 0.3% in February and 4.6% in the past 12 months. Personal spending rose 0.2% in February, but after PCE inflation, personal spending declined 0.1%. Overall, the PCE report was a bit better than economis...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Surging Retail SalesThe Commerce Department on Wednesday shocked everyone by declaring that retail sales surged 3% in January, which was substantially higher than economists’ consensus estimate of a 1.9% gain. An 8.7% increase in Social Security checks to 70 million recipients likely helped to boost consumer spending as well as positive seasonal adjustments. Spending at bars and restaurants soared 7.2% and we likely aided by mild winter weather. Q4 2022 hedge fund letters, conferences and more Auto s...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. No PivotThis is a big week for economic news. The Labor Department on Tuesday announced that the Consumer Price Index (CPI) rose 0.5% in January and 6.4% in the past 12 months. The core CPI, excluding food and energy, rose 0.4% in January and 5.6% in the past 12 months. Q4 2022 hedge fund letters, conferences and more Food costs rose 0.5% in January and 10.1% in the past 12 months. Energy costs rose 2% in January and 8.7% in the past 12 months. Owners' Equivalent Rent rose 0.7% in January and 7.9% in...
ValueWalk
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