@SR050321:The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services. higher CPI = higher inflation. It can be bullish for consumer staples stocks and bearish for consumer discretionary stocks, as consumers will have less disposable income to spend on luxuries and entertainment. Core Consumer Prices in the United States is expected to be 303.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. On the basis of these monthly inflation forecasts, average consumer price inflation should be 4.2% in 2023 and 3.0% in 2024, compared to 9.59% in 2022 and 2.44% in 2021. My opinion CPI will go down in March 2023,core CPI will slowly g
@HLPA:Do I hold or buy more Keppel Corporation (BN4)shares on ex- entitlement (XE) today 23 Feb 2923? Keppel Corporation, BN4, share holders today will get 19.1 shares of Sembcorp Marine, S51, shares for every one BN4 share held. The shares will be credited to your trading account on 1st March, 2023. What should you do now? Lets take an example: You own 10,000 BN4 shares before 23Feb2023. The share closed at 7.34 yesterday. If you had sold at this price yesterday. you would get 73,400. Today, if you sell your BN4 say at 5.45 on XE, you will get 54,500 PLUS 191 00 shares and if you sell at 0.125 on 1st March, 2023, would realise 23,875.. In total you will get 54,500+23,875 = 78,375, giving about a 5,000 extra if you had not sold yesterday to earn the entitleme
@Ultrahisham:Bulls found wanting The writing was on the card. I have been expressing my reservations on the rally which just seem weird with the divergences and a technical picture which does not seem to tally. And the noise from some of the 'experts' were ridiculous (seriously are they trying to drive up the market so that their big organisations can quietly unload their positions to the retailers? Just saying in jest and not to be taken seriously of course). When I refer to experts I am talking about mainstream experts who appear on financial news and websites from big organisations. Not all of them of course but some of them with some of the things they say just don't make sense. But who am I to say this. They are the experts! I mean some were talking about a new b
@dimzy:$Carvana Co.(CVNA)$ Jan 13 (Reuters) - Carvana Co(CVNA.N)is terminating more workers and take other measures such as reduced work hours as the used-car retailer contends with weak sales, the Wall Street Journal reported on Friday.The company was letting open positions go unfilled and several operations teams were working fewer than 30 hours a week or four-day work weeks, the WSJreported, citing current and former employees as well as internal emails.