Cannabis Stocks Forum & Discussion

Welcome to the Cannabis Investing Newsletter Forum. This is for the cannabis stocks forum & discussion. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of, and analysis of, cannabis stocks. – D. H. Taylor

Clear all

Market Review: Personal Income & Expenditures - PCE Deflator

1 Posts
1 Users
D. H. Taylor
Noble Member Admin
Joined: 2 years ago
Posts: 1086
Topic starter  

The Fed's favorite inflation indicator, the PCE Deflator, just printed its highest reading in 40 years. Personal incomes & expenditures printed this morning with advances there. However, the real headline came from PCE Deflator which came in at 6.59%, the highest reading in many years. Inflation fears, or course, have been driving the markets and for the month the Dow dropped 9.5% making April the worst month in two years.

I believe that we will start to see moderation over the next couple of months since the year-over-year change is driven by the stimulus checks received last year.  Now that those funds have been spent, spending will decrease accordingly, and prices pressures will abate.


Leave a reply

Author Name

Author Email

Title *

Maximum allowed file size is 10MB

Preview 0 Revisions Saved

Copyright Cannabis Investing Newsletter 2021 - 2022