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 : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (159234)	8/10/2023 9:19:18 AM
From: Goose94	Read Replies (1) \| Respond to of 203397

Gold: BUY Physical. U.S. inflation accelerates CPI day: Stocks held gains after a read of July inflation in the U.S. came in below expectations, even as it accelerated modestly from the previous month. Headline inflation came in at 3.2 per cent, which was better than the 3.3 per cent expected. Inflation stripping out food and energy stayed stubborn at 4.7 per cent, only a tick below the read in June. Market participants may take comfort in the numbers, but people are still struggling. Shelter costs contributed 90 per cent of the increase in inflation and food prices remain elevated. Wall Street may torture the data to fit their narrative; Main Street is not able to do that as easily. Nevertheless, the market is still only pricing in a 15 per cent chance of another rate hike in September. This number probably doesn’t change that in a big way. BNN.ca