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Jon C. Ogg

Labor Department Shows Inflation Uptick in Producer Prices

ThinkstockThe U.S. Labor Department released its Producer Price Index (PPI) for final demand for the month of June on Wednesday morning. We were worried that wholesale inflation would be stronger than what the economists…

Jon C. Ogg · 12 years ago

Even Sirius XM Adds to Stock Buybacks

Sirius XMThere has been some talk of late that corporations are starting to slow down on their waves of stock buybacks. It might make sense when you consider that many of the market’s most…

Jon C. Ogg · 12 years ago

Why Producer Prices Could Show Inflationary Pressures

ThinkstockOn Wednesday morning the markets will have to deal with yet another reading on inflation — albeit at the wholesale level. The US Labor Department will report its reading for the Producer Price Index…

Jon C. Ogg · 12 years ago

No Inflation Seen in Import and Export Prices

ThinkstockInflation in international trade will be nothing to scare the Federal Reserve into a major inflationary panic. June’s import and export prices were more than just tame. Export prices were down by 0.4% on…

Jon C. Ogg · 12 years ago

Another Disappointing Retail Sales Number at Quarter-End

ThinkstockJune turned out to not be a great month for retail sales. The Census Bureau reported that advance monthly sales for retail and food services rose by only 0.2% to $439.9 billion on a…

Jon C. Ogg · 12 years ago

Why Goldman Sachs Now Sees S&P 500 at 2,050

Goldman Sachs traded higher ahead of Tuesday's earnings report. It turns out that one of the drivers may not just be solid results from Citigroup -- it could be the firm's outlook for the…

Jon C. Ogg · 12 years ago