Inflation – Which Way?

 Retirement Planning  Comments Off on Inflation – Which Way?
Nov 162018
 

The October CPI update is out.

For the past year, the consumer price index is up 2.5%.

The Core CPI, which is generally less volatile, was up 2.2%.

US CPI – End of October 2018

So basically, we are about where the Fed wants inflation to be.

The challenge or concern of course will they be able to keep it around it 2% target rate.

With oil dropping significantly the last few weeks, lower gasoline prices should help lower future CPI readings.

OCTOBER – It’s Over!!

 Economy, Wealth Management  Comments Off on OCTOBER – It’s Over!!
Nov 022018
 

Historically October has shown the potential to be a quite volatile month. 

October 2018 was no exception!!

At the end of September, the various stock market indexes were indicating the likelihood of a respectable 2018 performance. By the end of October, it would appear that all bets are off!

The good news is that it was not all one direction, but the gyrations were significant.

This chart suggests that at least for now, the 10 year trend is still in tact – although maybe just barely.

 

Nonetheless it was a challenging month. I find it interesting how many ways chartists or technical analyst can find dissect data and then try to explain it with charts.

This chart displays the October S&P 500 return for Mid-term election years since 1950.

Whether this has any particular relevancy or significance, I have no idea!