The highly-anticipated Consumer Price Index report was released to the world this morning… and the inflation number came in lower than expected. The news sent stocks higher before the opening bell rang. So on this episode of Making Money With Matt McCall, Matt focuses on this surprising but welcome report. He breaks down the numbers and shows you exactly how they came to be.
As you’ll be able to tell, Matt is pretty excited about this development. This is one of the signals he needed to see to become more aggressive in the stock market. So don’t wait to catch his thoughts on the big news.
#inflation #federalreserve #cpi
00:00 The recent CPI may indicate stocks have hit bottom
5:23 CPI select categories breakdown
7:22 Daily National Gasoline Prices
8:05 CPI Urban Consumers Food chart
9:20 Owners equivalent rent chart
12:53 Opportunities within the stock market
16:33 Put/call ration composite
19:39 Future potential rate hikes by the Fed
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