Here are key takeaways from the US consumer price index report for November https://t.co/1nHnKQSroR ...

Every economist that promised high inflation, empty shelves, and the next Great Depression should apologize.They destroyed an immense amount of investor capital by scaring people into believing something that was obviously wrong from the start. ...

Strong earnings from a key AI stock and a surprisingly cool inflation reading put the stock market back into rally mode.The Dow Jones Industrial Average rose 421 points, or 0.9%. The S&P 500 rose 1.1%. The Nasdaq Composite rallied 1.5%.The yield on the 2-year Treasury note was down to 3.46%. The 10-year yield was down to 4.12%. ...

Market Overview - Futures are showing strength, but there has been volatility with a potential head fake in the market [1][2] - The tech sector is experiencing a boost following Micron's earnings report, with expectations of better-than-expected inflation numbers [2][3] - The NASDAQ 100 is facing some pullback, but there are signs of a potential bullish pattern forming [3] Micron Earnings Report - Micron reported revenue of $13.64 billion, exceeding the street's expectation of $12.72 billion, marking a 52% year-over-year increase [8][9] - Adjusted earnings per share came in at $4.78, surpassing the expected $3.91, with guidance for Q2 adjusted earnings per share set at $842 [9][10] - Micron is only able to meet 50% to 67% of the current demand, indicating strong demand and pricing power in the high bandwidth memory chip market [11][12] AI Sector Insights - Bank of America remains optimistic about the AI trade extending into 2026, with Nvidia highlighted as a key player in the GPU space [15][16] - Broadcom and Lamb Research are also noted as significant contributors to the semiconductor and AI markets, with expectations of growth in demand [17][19] - The overall sentiment in the AI industry remains positive, with expectations for continued growth and investor enthusiasm [20] Other Company Earnings - Dart reported mixed results, with adjusted earnings per share missing expectations at $28 compared to the anticipated $29, but quarterly sales slightly beat expectations at $3.07 billion [22][23] - Key restaurant brands like Olive Garden and Longhorn Steakhouse showed year-over-year sales growth of 4.7% and 5.9%, respectively, indicating resilience in consumer demand despite input cost inflation [23][24] Market Volatility and Outlook - The VIX is elevated at over 17, indicating heightened market volatility, with upcoming quarterly options expiration expected to increase market volume [4][6] - Resistance levels for the S&P 500 are identified at 6,800, with downside support at 6,650, suggesting ongoing hedging activity [26]

Group 1 - The market reaction to CPI shelter indicates a significant consensus view, particularly influenced by home builder Lenar, highlighting a 40% inflation in housing prices since 2019 [1] - CarMax reported an 8% decline in car prices, suggesting a connection to the CPI trends and indicating a return to pre-inflation levels [2] - Heating costs for the average home are projected to reach approximately $1,000 this winter, reflecting a 9% increase, which may impact consumer spending [4] Group 2 - Memory prices are on the rise, indicating potential challenges for companies in the semiconductor industry, particularly Micron [3][4]

Let's begin with this market reaction to CPI shelter uh carrying an awful lot of water which is kind of a consensus view Jim going into 26. >> Yes, you got to go with what Lenar is saying too. Giant home builder uh dovetales with this.You go to you go to Gemini uh you put in Lenar uh you put in home prices LAR and you'll see uh way back all the way back to 2019 before there was inflation you know but this is the 40% inflation in housing David. Yeah. >> Done.Okay. See you then you look at CarMax you look at ...

📊 MARKETS: U.S. inflation data surprises, with CPI higher by just 2.7% in November@btcjvs reports:https://t.co/tuuBEEVK0n ...

Economic Overview - The U.S. economy is currently facing a unique situation characterized by rising inflation alongside slowing job growth over the past year [1] - This situation has created complexities that may resemble stagflation, although it has not been explicitly labeled as such in previous analyses [1]

Yeah. Uh here we go. We got Java is just coming straight across here falling to 224 in the week of December 13th from 237.Uh that was revised up from 236. So not a big deal. Uh let's see.4-week average rising to 217 because remember we had that big low number from Thanksgiving. So that was a seasonal problem I think. Continued claim rising to 1.897% in the week of December 6th.Um that's below consensus and it is up from 1.83% the prior week but still not at 1.9%. Now the number of the morning the CPI >> oh ...

Let's bring in our panel. Joining us now, Brookings Institution Economic Studies senior fellow Wendy Edelberg and American Institute for Economic Research Monetary Economics Managing Director Lydia Mashburn Newman. Welcome to you both.Uh Wendy, I mean, I know you haven't kind of been able to dig into the guts of this report, but it seems like a pretty benign reading. Uh how do you feel about it. Yeah, it's frustrating because they haven't even posted the information that I would need to to really um parse a ...