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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, April 11, 2024
Description: Today's Post - https://bahnsen.co/3JfyXwQ
A modestly positive day in markets overall today on some better-than-expected PPI numbers following yesterday’s selloff on CPI. So what one-day taketh, another giveth back (well, not quite). The Producer Price Index numbers showed a gain of just .2% for the month on headline when .3% was expected, and the Core PPI only gained .1% for the month. The takeaway is PPI is just not confirming a reacceleration in inflation on the wholesale side, which is a positive.
We unpacked yesterday’s CPI numbers pretty well, I thought, but I am s...