Folks, I mentioned yesterday how the PPI came out a little hotter than expected, and that I wanted to see today’s CPI come out in line with it. That turned out to be the case. When you subtract the core, producer prices increased .2% in September, while consumer prices rose .3%. That tells me that [...]

Folks, there are three distinct factors that are driving these markets right now: earnings, Europe and China. Let’s break it down, shall we? Earnings. I’ve talked a lot about the lowering of expectations for corporate earnings and how they might have gotten too low over the course of the last couple of months. I also [...]

Folks, I love it when we start out a week in the green. Though we may find out that the markets are a little illiquid today due to the Columbus Day holiday, everything is on fire early in the session. If you’re looking for the reason behind this bounce, look no further than Europe. Although [...]

Folks, today I’m making my way back from The Money Show in San Francisco, where I’ve been catching up with my friends at Bull & Bear Institute and Investor’s Business Daily. It’s been a great time, and I’m definitely looking forward to the next event, which will be in Chicago in October. More details on [...]

Folks, the Producer Price Index and the Consumer Price Index numbers came out this week. The PPI was a little hotter than expected, and the CPI was up slightly and right in line with the target. These numbers are telling us a story. Inflation is here, folks! We’ve got a global debt threat, the end [...]