A diary of the thought process behind my investment decisions
Nothing Good Can Come Out Of The CPI
The CPI is going to come out Friday morning. Nothing good can come out of the report as it is being viewed as a non-event. However, regular unleaded gas has gone up to $3.40 is my neighborhood at the cheap station, food prices are up, import prices from China have been rising, REIS is reporting that apartment rents are rising etc. One day this data might miraculously make its way into government figures. If the CPI comes out hot some may start looking for the end of QE.