Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (6330)	5/14/2004 8:37:28 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

U.S. April CPI up 0.2%, core up 0.3% By Rex Nutting WASHINGTON (CBS.MW) - With energy prices nearly flat, U.S. consumer prices rose a seasonally adjusted 0.2 percent in April, the Labor Department reported Friday. It's the smallest gain of the year. The core rate of the consumer price index, which strips out food and energy costs, rose 0.3 percent. The figures were largely in line with expectations on Wall Street. Consumer prices have risen 2.3 percent in the past year, with core inflation up 1.8 percent. The relatively tame report is likely to reassure Fed officials, who have been trying to reflate the economy slightly without letting inflationary expectations soar. Most analysts expect the Federal Open Market Committee to raise its overnight target interest rate in June from a four-decade low of 1 percent.

To: AugustWest who wrote (6330)	5/14/2004 8:39:15 AM
From: mishedlo	Respond to of 116555

U.S. March inventory-to-sales ratio falls to record low By Greg Robb WASHINGTON (CBS.MW) -- A record surge in U.S. business sales helped the inventory-to-sales ratio set a new record low in March, the Commerce Department said Friday. Business inventories rose 0.7 percent in March, the seventh consecutive increase. Inventories rose to a record $1.2 trillion, while sales at U.S. businesses increased a record 2.9 percent to a record $928.7 billion. The inventory-to-sales ratio fell to a record low 1.30 in March from the previous record of 1.33 in February. Economists had been expecting inventories to rise 0.4 percent in March, according to a survey conducted by CBS MarketWatch.