CPI A Little Hot

The CPI has come out a little hot and is no longer at levels the justify QE. In addition, there is inflation in the pipeline as shown by the PPI. This reiterates the idea that we are no longer early in the economic cycle and later cycle stocks and sectors are likely the place to be.

3 comments:

nicasurfer said...

what sectors are you looking at beside biotech

Tsachy Mishal said...

My recent buys have been CVS, TEVA and MDT. Biotech has done amazingly but I am no longer adding to that sector. I am planning on holding until the GENZ deal closes.

Tsachy Mishal said...

Long term buys that is. I bought other stuff as a trade.