CPI Numbers Ain't Good for GameStop, Reddit & More?

TechnicalHunter
05-15

Shelter CPI has now moved down on a YoY basis for 13 straight months, from a peak of 8.2% in March 2023 (highest since 1982) to 5.5% today.

US core CPI cools for first time in six months.

Given its long lag vs. real-time rent data, a continued move lower is expected which should lead to a continued decline in core inflation. $S&P 500(.SPX)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$

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# .DJI Hits New High! Go Higher or Pullback Next?

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Comment（3）

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  • MIe
    ·05-16
    Deflation trend
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  • KSR
    ·05-16
    👍
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  • Tom Chow
    ·05-16
    good
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