Taking entry level position here at 17.94 (1/3 of full position)
TLT working nicely. (2/3 of full position and holding)
Taking entry level position here at 17.94 (1/3 of full position)
TLT working nicely. (2/3 of full position and holding)
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.
The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month, according to seasonally adjusted numbers from the Labor Department on Tuesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.1% and 3.3%.
Excluding volatile food and energy prices, core CPI increased 0.2% and 4%, against the forecast of 0.3% and 4.1%.
S&P500: 4,477
10 yr treasury: 4.496%
20 yr treasury: 4.858%
20-YR U.S. Treasury yielding 5.263 this morning.
The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest rates, ongoing inflation pressures and a variety of other domestic and global headwinds. Read more