BRK.B Safe Bet in Sticky Inflation Economy?
@JC888:
Tís The Week Before Thanksgiving. Coming Thu, 28 Nov 2024 will be Thanksgiving in the US. US stock market will be closed for this important holiday and Friday half day. As it is the last trading week of November, Fed’s prefer inflation report - the personal consumption expenditure (PCE) will be released on Wed, 27 Nov 2024, a day before the big festive celebration. Recap. Before jumping headlong into US October 2024 PCE forecast, here’s a recap. (1) US PCE - September 2024. Headline inflation. Monthly : 0.3% vs 0.2% (Aug) vs 0.2% (Jul). Annual : 2.1% vs 2.3% (Aug) vs 2.5% (Jul). (see above) Core Inflation. Monthly: 0.3% vs 0.2% (Aug) vs 0.2% (Jul). Annual: 2.7% vs 2.7% (Aug) vs 2.6% (Jul). (see above) (2) Consumer Price Index - October 2024. Headline inflation. Monthly : 0.2% vs 0.2% (Sep)