Companies and Brands
CPI Puts Balance Between Inflation & Deflation Cases
Published:
Last Updated:
Today’s data showed that the energy component was down by -1.3% ad the food component was up by about +0.2% for the month. Inflation is not alive and well, and the news does little to stoke the fuel of the deflation camp as well.
Yesterday’s data on wholesale inflation measured by the Producer Price Index should have telegraphed that today’s news was not going to hold any major surprises. As suppliers generally have to endure months of higher prices before passing price hikes on to the retail level, this is setting up the tone for low inflation expectations in the weeks and the coming few months ahead.
JON C. OGG
Warren Buffett loves dividend stocks, and has stuffed Berkshire with some of his favorites.
But he overlooked two dividend legends that continue to print checks on a new level, they’re nowhere in his portfolio.
Unlock the two dividend legends Buffett missed in this new free report.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.