Markets The US July CPI inflation report printed bang in line with consensus today. Headline inflation rose by 0.1% M/M and 3.4% Y/Y (down from 3.5%). The BLS, responsible for the release, said that the index for shelter rose 0.1% in July and accounted for roughly two-thirds of the monthly headline increase. Energy prices dropped […]
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Corporate America is posting record-breaking profits, with 86% of S&P 500 companies beating earnings expectations during the second quarter, FactSet reported. For Wall Street, the picture could hardly look brighter, as double-digit profit growth extends Read more…
U.S. economic data has been clear for well over a year: The top earners in this country are doing quite well. Thanks to U.S. stock indexes that reached new all-time highs earlier this month, the Read more…