A diary of the thought process behind my investment decisions
PPI Was Hot
The PPI came in hot including the core rate. This is initially being seen as negative for treasuries but I believe that higher than expected inflation numbers will eventually be seen as a threat to QE, which should be positive for treasuries.
1 comment:
Anonymous
said...
i don't understand. they've wanted a hotter PPI since they started rate cuts and QE2. so we got it now. now pundits on cnbc argue that it's bad. insane world we live in.
1 comment:
i don't understand. they've wanted a hotter PPI since they started rate cuts and QE2. so we got it now. now pundits on cnbc argue that it's bad. insane world we live in.
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