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


To: Sdgla who wrote (14631)10/12/2022 1:38:24 PM
From: Kirk ©1 Recommendation

Recommended By
Sr K

  Read Replies (2) | Respond to of 26443
 
Yup. Agree 100%. It is too bad Trump was too obnoxious to vote for by so many.

Thanks for the August inflation breakdown in that form.
I get it off the release but that makes it easy to see.
bls.gov

Any guess where Sept inflation comes in at M/M and Y/Y tomorrow?

Without doing much analysis, I think it will fall to 8.0% if month over month is flat. Housing here is down considerably due to the tech and biotech meltdown and crime wave in SF and Oakland but the rest of the country matters much more.

Table of Monthly Inflation Rates (%)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20220.80.91.30.61.11.40.00.0Avail.
Oct.
13
20210.40.50.70.80.80.90.50.20.30.80.50.3
20200.40.3-0.2-0.70.00.50.50.30.10.0-0.10.1
20190.20.40.60.50.20.00.20.00.10.2-0.1-0.1