"DC Elites Just Created the Financial Opportunity of a Lifetime... By ACCIDENT"

Phew! The Latest PCE Report Brings No Nasty Surprises From Our Partners   "DC Elites Just Created the Financial Opportunity of a Lifetime... By ACCIDENT" BREAKING: Stansberry Research's most controversial analyst just issued an urgent update: "This straightforward opportunity for FINANCIAL REVENGE on the government could jump as much as 900%..." Click here to watch this free video. Phew! The Latest PCE Report Brings No Nasty Surprises By John Persinos   Wall Street just heaved a sigh of relief. The U.S. Bureau of Economic Analysis (BEA) on Thursday released the personal consumption expenditures (PCE) index for January and the data met expectations. Let the stock market rally resume! Two weeks ago, the U.S. Bureau of Labor Statistics (BLS) reported the producer price index (PPI) for January, which showed surprisingly "sticky" inflation. Ever since, investors have been apprehensive about inflation. By contrast, Thursday's PCE is welcome news that paves the way for further equity gains. We're also enjoying a bull market in cryptocurrency; more about crypto's explosive rise in a minute. The PCE index edged slightly lower in January, matching consensus expectations. The PCE report brought glad tidings for investors, home buyers, and consumers, because the reading suggests the inflation-fighting Federal Reserve will stick to its moderate stance on monetary policy. The "core" PCE (excluding volatile food and energy costs), which the Fed watches closely, increased 0.4% for the month and 2.8% from a year ago, as expected in both cases. Headline PCE increased 0.3% monthly and 2.4% on a 12-month basis, compared to respective estimates for 0.3% and 2.4%. January's PCE increase reflected the continuing shift from goods to services, as the economy stabilizes from pandemic-induced disruptions. Read More... Wall Street Legend who retired at 37 shares top trading secret There are 12 simple words you can tell your broker today that will obligate him to put $1,200 into your account by the day's end. This simple trick works 94% of the time for most people who've done it. To learn these 12 words, click here. You are receiving this email at its028@gmail.com  as part of your subscription to Investing Daily. To ensure delivery directly to your inbox, please add postoffice@investingdaily.com to your address book today. Terms   |   Privacy   |  Unsubscribe   |   About Us    ©2024  Investing Daily 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.