WEEKLY MARKET DIGEST:DATA SHOWS INFLATION IS ALIVE, NO NEED FOR NEGATIVE INTEREST RATES, POOR PROJECTIONS FROM GOLD MAJORS $DIA $GLD $QQQ $SLV $SPY $USO
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) NEW DATA SHOWS INFLATION IS ALIVE, NO NEED FOR NEGATIVE INTEREST RATES February 19, 2016 This is what you need to know today. The talk of negative interest rates has been prompted by fears of deflation. Recently we shared with you that Core PPI came much hotter than the consensus. Today, Core Consumer Price Index (CPI) came at +0.3% vs. 0.1% consensus. The foregoing tells us that inflation is well and alive in the