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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (12891)	1/21/2022 10:01:23 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26763

Good news on your expired puts! I don't know where you got this idea: This economy is being drained by inflation. Fuel and food, the two necessities of life that do not go into the calculation of CPI. The number reported for CPI, 7%, certainly DOES include food and energy. Maybe you're mistaking Core CPI which removes it. bls.gov CONSUMER PRICE INDEX – DECEMBER 2021 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment. Increases in the indexes for shelter and for used cars and trucks were the largest contributors to the seasonally adjusted all items increase. The food index also contributed, although it increased less than in recent months, rising 0.5 percent in December. The energy index declined in December, ending a long series of increases; it fell 0.4 percent as the indexes for gasoline and natural gas both decreased. I do agree that inflation is taking a toll. Just wait until people start having to pay property taxes on the soaring new homes prices they are paying!