CPI Wed Sep 17….downtrend continues

Posted on September 10, 2014 by Credit Flow Investor

Looks like ccpi on downtrend again. See attached…

Inflation Down Path

But I want to see what it actually says on Wed.  Gas Buddy and gas price change YoY also indicate little inflation…August was -2.4 indicating downward inflation pressure

Gas inflation negative Gas Buddy Also No Life

So looks like a SPY rebound play 8-11d after Fed meeting Sep 17.

 

Monetary stimulus will continue as inflation is tame and consumer spending is flat. Income actually edged down. So any pull back in SPY is a ‘Buy the Dips’ opportunity.

see http://www.bls.gov :

Consumer Spending Stalls

 

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