On Tuesday of this week an economic report caught many by surprise. The Consumer Price Index.
CPI gets Hot !
If this continues, this is a VERY strong sign the economy is gaining traction.
The bars tell a better story than the line in the chart !
Inflation at reasonable levels is good, especially given the alternative (deflation) ….. Now “Goldilocks/Three Little Bears” ….. not too hot, not too cold….hopefully just right !!
We will review the winners and losers of inflation, but for now let’s watch and see if it continues!
Have a Great Friday!
John A. Kvale CFA, CFPhttp://www.jkfinancialinc.com http://www.street-cents.com 8222 Douglas Ave # 590 Dallas, TX 75225