TSP Talk Blog

For years the CPI has been a ho-hum report because inflation has not been any kind of concern. Now look what the CPI reports are doing to the stock market. The futures were up big before the release of the CPI and that got turned on its head after it was released and came in hotter than expected - maintaining a year over year gain of over 8% at +8.2%. The selling was fierce in the 90 minutes before the opening bell, but once the opening bell rang, the buyers stepped up.

...