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  • US Personal Income and Outlays, April 2024

    From bea.gov

    Personal income increased $65.3 billion (0.3 percent at a monthly rate) in April, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI) —personal income less personal current taxes—increased $40.2 billion (0.2 percent) and personal consumption expenditures (PCE) increased $39.1 billion (0.2 percent). The PCE price index increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.2 percent (table 5). Real DPI decreased 0.1 percent in April and real PCE decreased 0.1 percent; goods decreased 0.4 percent and services ... (full story)

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  • The Fed’s favorite inflation gauge showed little progress last month

    From cnn.com

    Inflation remained sticky in April, as a closely watched measure of price changes was unchanged from the month before, providing yet another reminder of stubborn price pressures. The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — rose 0.3% from the month before, resulting in an annual rate of 2.7% that matched March’s gain, according to Commerce Department data. Although Friday’s report served as yet another reminder that slowing down inflation is a bumpy process, the results weren’t a surprise. Economists, by and large, ... (full story)

No doubt buy with big lot and long BTC/USD and Gold
Quoting ftmofx
no doubt buy with big lot and long btc/usd and gold
thats they want..u think..
The final nail in this weekly coffin... lessssgoo
Emotional Control. Process, not outcome.
Control Your Emotions !
Quoting pridolfx
{quote} thats they want..u think..
I focused it a few times ago. See my previous post
If USA goes with high interest rates for little more time then their economy is going to be crashed really badly.
description says that when PCE is less than forecast, its bad for currency? less inflation I think would be better for currency?

so PCE comes in slow, and currency goes lower and stocks go higher?
Quoting Vancarbon
The Controversy Over CPI Originally, the CPI was determined by comparing the price of a fixed basket of goods and services for two different periods. In this case, the CPI was a cost of goods index (COGI). Over time, the U.S. Congress embraced the view that the CPI should reflect changes in the cost to maintain a constant standard of living. 2 Consequently, the CPI has evolved into a cost of living index (COLI). Changes in Methodology Over the years, the methodology has undergone numerous revisions. According to the BLS, the changes removed biases...
Dude... not your opinion... all copied word for word from investopidia....

https://www.investopedia.com/article...priceindex.asp

.... what are you doing???
.... what do you really want?
Emotional Control. Process, not outcome.
Quoting Vancarbon
{quote} Exactly Shelrock ! ....and your point is ?
Why didn't you just say the last sentence... the public is over worked? Why bring up an old Barclay Parker article and copy and paste it?
Emotional Control. Process, not outcome.
Quoting Vancarbon
Their , There . lol Poor lad still smarting because I corrected his poor grammar .
Ahhh thats you! Why did you delete all your comments? We never finished our conversation. I woke up the next day to reply but you had deleted everything?
Emotional Control. Process, not outcome.
Quoting Vancarbon
{quote} Exactly Shelrock ! ....and your point is ? You obviously don't understand an addendum
correct. my auto insurance rates increased 50% via USAA.
the Asset Liability and portfolio structure of a NON LIFE operation is expected to be more equity like and with the boom in stocks, the property and casualty aka NON LIFE rates should be expected to decline NOT RISE. whats amiss here?

again. the market speaks. its rising for now and the response to this inflation print was massive buying...for now.
Quoting Vancarbon
{quote} That's my MO ! Of course you didn't know , Captain Obvious ! It's hard to discuss anything with anyone who uses emojis as their method of communication .
No worries. Good luck with, erm, what ever this is you are doing. You are wasting your time here with me. Go easy on the copy paste thing, it doesn't make you look smart, and it defiantly wont make you wealthy, in any form of the word. All the best.

PS, thanks for the "there - their" correction. Keep practicing your Chinese
Emotional Control. Process, not outcome.
wheres EventTrader when u need em
Quoting Vancarbon
{quote} Thanks ..... appreciated . I speak 3 languages , but not Chinese ( apparently so many dialects it's particularly hard ) . whatever ( one word ) - joke , but worth noting
No worries. PS, that's pretty cool re the 3 languages. Peace
Emotional Control. Process, not outcome.
Quoting Vancarbon
{quote} Thanks ..... appreciated . I speak 3 languages , but not Chinese ( apparently so many dialects it's particularly hard ) . whatever ( one word ) - joke , but worth noting
Someone told me once that when someone places spaces between letters and punctuation it's because they have narcissistic tendencies.

My comment is kinda like correcting someone for mixing "there" and "their".

Waste of time.
I come in here to see why there's 20 comments and its 2 idiots arguing
USD is very very very good
Follow price direction
Quoting cobalt0x
description says that when PCE is less than forecast, its bad for currency? less inflation I think would be better for currency? so PCE comes in slow, and currency goes lower and stocks go higher?
The value of a currency is heavily dependent on the interest rate, which will increase/stay higher for longer with high inflation prints. Inflation itself is bad for a currency but the resulting policy impacts are good for it and this is implied with the statement "when PCE is less than forecast, its bad for currency".
Quoting NithinPaul
I come in here to see why there's 20 comments and its 2 idiots arguing
thanks for the look at narcissism.

i struggle with you're and your every now and then.

keeping the letter I in lower case must be problem for some readers.
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