Inflation and Interest Rates

With this week's less than enthusiastic inflation data coupled with Thursday's Nvidia report that more or less knocked interest rates right off the front page, I thought I'd submit yet another perspective, this time from the AAII, on the inflation vs rates issue, and how interesting this opinion is that was published just before the Nvidia news.  Enjoy and enjoy your week.  

Thursday, February 22, 2024

AAII investment strategist Raymond Rondeau is giving a keynote presentation on active investing at MetaStock’s online Traders Conference on February 26, covering three new AAII tools designed to aid investors with volume and intensity analysis. Registration is free for this digital event.

February Charts of Interest: The Impacts of Inflation and Interest Rates

Many of the charts I’ve seen this month have focused on inflation. So, I’ll start this month’s charts of interest by talking about it. I’ll end with the other topic making lots of headlines: artificial intelligence (AI). The January consumer price index (CPI) came in a little hotter than expected. Still, consumer prices are continuing to trend downward, as you can see in the chart below from The New York Times. Like other economic indicators, the CPI fluctuates from month to month. This volatility makes shorter-term trends tougher to predict.

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