
CPI DATA GIVES AMMUNITION TO BOTH BULLS AND BEARS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Consumer Price Index Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: CPI data is giving ammunition to both bulls and bears. Here are the details: Headline CPI came at -0.1% month-over-month vs. 0.0% consensus. Core CPI came at 0.3% month-over-month vs. 0.3% consensus. Stock market bulls are encouraged because for the first time in a while, the headline CPI is a negative number. Stock market bears are






