Shelter prices (especially rent) made my prediction off. Inflation for the CPI-U (urban consumers) came in at 2.97% instead of the lower 2% range. But I think I still stand by the rest of that post. I don't see this as a sign the fed will raise rates by more than 2 times. Especially when CPI-W (wage earners and clerical workers) is at 2.34%.If inflation runs like it has been running since then, the CPI values on July 12 will show inflation in the lower 2% range...
That is a long-winded way of saying that I think the fed will have a hard time increasing more than 2 times after they have already met their inflation goal.
Shelter prices (especially rent) made my prediction off. Inflation for the CPI-U (urban consumers) came in at 2.97% instead of the lower 2% range. But I think I still stand by the rest of that post. I don't see this as a sign the fed will raise rates by more than 2 times. Especially when CPI-W (wage earners and clerical workers) is at 2.34%.
Obviously as, the inflation has effectively been dealt with without creating mass unemployment.Futures up yet again. This rally has a lot more steam left in it.
Yes, core CPI will likely be in the mid 4% range until winter. But, PPI was just released today and had 0.1% inflation. 0.1% for the entire 12 month period. The fed has room to go higher if they want, but I just can't see them doing so. Their mandate is to try to obtain both low inflation and low unemployment. They aren't supposed to trade unemployment for inflation or vise versa. Unless something changes, we seem to be on the right path and I don't think the fed wants to mess that up. One more rate hike does seem like the most likely scenario to me.Core CPI is still very high. The rate odds do suggest only one more hike... but as long as unemployment remains low, the Fed will have plenty of juice to go higher if they want.
The correct answer is yes. You should always buy. But I couldn't bring myself to do it. With CD rates at 5% and higher, I just went with that. If you are okay with callable CDs (ones that might be paid out early by the bank's decision) they go up to 5.6% at Vanguard. Sure, it won't bring the theoretical 7% to 8% stock market average, but I'm happy with guaranteed 5+% until the stock market settles down.Should I buy at 52 week high? Hmmm....
Do callable CDs keep their original term length if the rate goes down? Or are they returned to the investor in cash?The correct answer is yes. You should always buy. But I couldn't bring myself to do it. With CD rates at 5% and higher, I just went with that. If you are okay with callable CDs (ones that might be paid out early by the bank's decision) they go up to 5.6% at Vanguard. Sure, it won't bring the theoretical 7% to 8% stock market average, but I'm happy with guaranteed 5+% until the stock market settles down.
I should figure out the ins and outs of US Government Agencies. They are 6%.
Nothing has to happen. But if rates go down, then the bank will likely call it since they could issue a new CD with a lower rate to someone else. They will close the account and change the term length to the called date. They then pay you the principal + interest that you had earned so far. No future interest will accrue.Do callable CDs keep their original term length if the rate goes down? Or are they returned to the investor in cash?
I'm up 16% total on all my stock buys dating back to March of last year. Averaged. Of course, everything else in my account is also up similarly.The correct answer is yes. You should always buy. But I couldn't bring myself to do it. With CD rates at 5% and higher, I just went with that. If you are okay with callable CDs (ones that might be paid out early by the bank's decision) they go up to 5.6% at Vanguard. Sure, it won't bring the theoretical 7% to 8% stock market average, but I'm happy with guaranteed 5+% until the stock market settles down.
I should figure out the ins and outs of US Government Agencies. They are 6%.
We've had AAPL for smartphones, TSLA for electric cars, and now NVDA is the defacto AI stock. P/E doesn't matter when the full force of industry hype is centered on it.Looks like I bailed on vNidia too soon but that P/E was looking kind of heavy.
and now NVDA is the defacto AI stock. P/E doesn't matter when the full force of industry hype is centered on it.
Owner bought $40m worth of stock, puts company up for sale. 52 week high.MLTX
Given that people with economic clout have been screaming that the sky is falling for just over 52 weeks, I wouldn't call any of the last year of stock movements "normal". They've been as manipulated as they could be. Well, even more than normal.That isn't saying much given 52 weeks ago. Things are still below where they were, but getting closer to normal.
Something that kills me is that I would not touch Upstart UPST with a 10 foot pole at $15 in May.52 week highs all over the place. Zip zip zoomy zoom!
I came across these on Fidelity today .. pretty straightforward to buy on the secondary market. What is the catch here? There are recently issued 10 year 6.3% federal farm bank bonds (callable) for sale for roughly face value.I should figure out the ins and outs of US Government Agencies. They are 6%.