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With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.

☆ Buy these 33 stocks that will benefit most if inflation doesn't fall as fast as expected, according to Credit Suisse
▼ + stars: | 2023-01-21 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Markets expect that 12 months from now, inflation will tumble to 1.8%, according to Credit Suisse. But price growth could linger longer than hoped if there's no recession after all. Here are 33 stocks that Credit Suisse sees succeeding if inflation stays high in 2023.Credit Suisse says that inflation expectations are plummeting after the latest Consumer Price Index revealed that price growth declined slightly in December. Price growth in the UK is seen sliding from a peak of 11.1% in October to 4.2% by year's end, while inflation in Europe is forecast to fall from a recent reading of 10.1% to 3.1% before 2024, according to Credit Suisse. 33 stocks to buy as inflation stays highIf inflation runs hotter than expected or accelerates again in 2023, there are 33 stocks — three in each sector of the S&P 500 — that Credit Suisse believes will benefit most.

☆ Fed Governor Waller backs quarter-point interest rate hike at next meeting
▼ + stars: | 2023-01-20 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Federal Reserve Governor Christopher Waller said Friday he favors a quarter percentage point interest rate increase at the next meeting, as he waits for more evidence that inflation is heading in the right direction. Other officials, such as Philadelphia Fed President Patrick Harker, have pointed to a 0.25 percentage point increase at the Jan. 31-Feb. 1 FOMC meeting, but Waller is the highest-ranking member to be that explicit. While the market and the Fed appear to be on the same page with where rates go in the short term, there is divergence further out. Waller said the divergence is largely about perception for where inflation is going to go. "The market has a a very optimistic view that inflation is just going to melt away.

☆ UK inflation drops to 3-month low of 10.5% in December
▼ + stars: | 2023-01-18 | by ( David Milliken | ) www.reuters.com time to read: +2 min

[1/2] People carry shopping bags as they walk past Christmas themed shop displays on Regent Street in London, December 4, 2022. The drop in the headline rate of inflation from 10.7% in November was in line with economists' forecasts in a Reuters poll, and moves CPI further away from the 41-year high of 11.1% struck in October. "Food costs continue to spike with prices also rising in shops, cafes and restaurants," ONS chief economist Grant Fitzner said. Core CPI - which excludes energy, food, alcohol and tobacco, and which some economists view as a better guide to underlying inflation trends - was unchanged at 6.3% in December. Finance minister Jeremy Hunt said after the figures were released that high inflation was a "nightmare for family budgets", hurt business investment and led to strike action.

In that light, the Fed's interest rate hiking cycle is close to an end. That is still well above the Fed's target, but the speed and direction of travel since June's four-decade high of 9.1% is clear. U.S. breakeven inflation rates - the gap between yields on inflation-protected Treasuries and regular notes - reflect this. The two-year breakeven inflation rate this week fell as low as 2.02%, the lowest since December 2020. This will drive down the average inflation rate, whatever the time horizon.

☆ Inflation may be retreating more than December's consumer price data actually shows
▼ + stars: | 2023-01-12 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Wall Street rose Thursday after December's tamer consumer price index matched expectations and fueled hopes for a less aggressive Federal Reserve in 2023. What made the move in stocks even more encouraging was that it came despite a strong run-up into the inflation data that saw the market enter overbought territory, as indicated by the S & P Oscillator. On the December release, we can see that the shelter index was up 0.8% month over month and up 7.5% year over year. Just as important, investors aren't taking action based so much on current inflation as they are on expectations of future inflation. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Consumer prices fell 0.1% in December, in line with expectations from economists
▼ + stars: | 2023-01-12 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Excluding volatile food and energy prices, co-called core CPI rose 0.3%, also meeting expectations. The consumer price index, which measures the cost of a broad basket of goods and services, fell 0.1% for the month, in line with the Dow Jones estimate. Inflation closed out 2022 in a modest retreat, with consumer prices in December posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. Shelter accounts for about one-third of the total CPI index. However, the central bank takes in a broad array of information when measuring inflation, with CPI being part of the puzzle.

☆ Markets don't believe the Fed when it comes to where rates are headed
▼ + stars: | 2023-01-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

No matter how many times Federal Reserve officials say they're raising interest rates and keeping them there, the markets don't want to believe them. Recent comments from Fed presidents have tried, and failed, to nudge the market's view towards the [Federal Open Market Committee's] guidance." Traders are pricing in nearly an 80% probability that the FOMC approves a 0.25 percentage point rate increase when it releases its post-meeting decision Feb. 1, according to CME Group data . Doubts about the 'terminal rate' Markets, though, aren't buying it. The futures market also is indicating the likelihood of cuts of as much as half a percentage point by year-end.

☆ Morning bid: Obstacle course ahead
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +6 min

San Francisco Fed President Mary Daly and Atlanta Fed chief Raphael Bostic said they expect Fed rates - now at 4.25% to 4.5% - will need to rise to a 5% to 5.25% range to sap inflation. The other big market obstacle of the week is the onset of the U.S. corporate earnings season. Four American banking giants - JPMorgan (JPM.N), Bank of America (BAC.N), Citigroup (C.N) and Wells Fargo (WFC.N) - report earnings on Friday. Diaried events and data releases that may provide direction to U.S. and world markets later on Tuesday:* U.S. Dec NFIB small business survey. * U.S. Federal Reserve Chair Jerome Powell, Bank of Japan governor Haruhiko Kuroda, Bank of England Governor Andrew Bailey, Bank of Canada governor Tiff Macklem and European Central Bank board member Isabel Schnabel all speak at Swedish central bank event.

☆ Morning Bid: Not so fast
▼ + stars: | 2022-12-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Or so you might think looking at what consumers reckon will happen to price pressures over the coming year. The Federal Reserve keeps declaring its intention to fight inflation with both barrels, which inevitably means more rate hikes. Sure, it's down from the 4.7% in Q2 and it's the third and final reading of what happened months ago now. A look at the data shows consumers have typically been a lot more pessimistic about inflation than they've needed to be.

☆ Wall Street sees past Fed's lower rate hike to finish in red
▼ + stars: | 2022-12-14 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +4 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 8, 2022. While the dollar index initially jumped on the Fed news, trading was choppy and was last down nearly 0.5% on the day. European stocks were flat, with the continent-wide Stoxx 600 (.STOXX) down 0.02% after rising 1.3% in the previous session. "Rather it is dot plot expectations that the Fed will hold rates throughout 2023, and not begin rate cuts until 2024." U.S. Treasury yields were little changed to slightly lower in choppy trading after the Fed news.

Summary Data due at 1200 GMT Dec. 12BENGALURU, Dec 9 (Reuters) - India consumer price inflation likely cooled to a nine-month low of 6.40% in November mainly due to a moderation in food prices, according to a Reuters poll of economists. Food prices alone account for nearly 40% of the consumer price index (CPI) basket in Asia's third largest economy. The Dec. 5-8 Reuters poll of 45 economists predicted the second consecutive decline in inflation (INCPIY=ECI) to an annual 6.40% from 6.77% in October. The central bank maintained its inflation forecast for financial year 2022/23 at 6.7%, the same as a recent Reuters poll. Furthermore, there are upside risks to food inflation particularly from cereals."

☆ India cenbank hikes key policy rate by 35 basis points
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +7 min

However, the pace of rate hikes is reducing from 50 bps to 35 bps, in line with expected global hikes." The market needs to keep a close watch on global rate hikes and sticky core inflation." "We expect RBI to go for another 25 bps hike in its next policy, with the terminal rate at 6.5%. ANUJ PURI, CHAIRMAN, ANAROCK GROUP, MUMBAI"The 35 bps rate hike by the RBI - the fifth consecutive rate hike this year - comes as no surprise. We see a possibility of another 25 bps rate hike before a prolonged pause."

☆ Fed's Waller says he's open to a half-point rate hike at December meeting
▼ + stars: | 2022-11-16 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Federal Reserve Governor Christopher Waller said Wednesday he's open to reducing the level of interest rate increases soon, so long as the economic data cooperate. Market expectations are running high that policymakers will approve another rate hike, but this time opting for a 0.5 percentage point, or 50 basis point, move. "But I won't be making a judgement about that until I see more data, including the next PCE inflation report and the next jobs report." The next PCE inflation report is due out on Dec. 1. Investors have grown optimistic that a lower-than-expected increase in October's consumer price index reading is indicative that inflation is cooling.

☆ Thursday's big market rally on cooler inflation does not mean we're out of the woods yet
▼ + stars: | 2022-11-10 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

The October producer price index, which measures wholesale inflation, is out this coming Tuesday. We say "potentially" because one reading does not indicate a trend and we've seen the rate of inflation decline previously only to bounce back. We're also mindful that, despite Thursday's move, many companies remain incredibly beaten down and attractive as valuations are near multi-year lows. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Tomorrow's October CPI report could jolt markets in a big way if expectations are not met. Here's what to expect, according to JPMorgan
▼ + stars: | 2022-11-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Economists expect the CPI report to show a year-over-year increase of 7.9%, a decline from September's 8.2% reading. The bank's trading desk ran a scenario analysis of where it expects the S&P 500 to trade depending on the CPI report. The least likely scenario happening, according to JPMorgan, is a huge beat or miss in the October CPI report. The October report "could be as much [as] a 'game changer' as 'hot' August CPI derailed S&P 500," he said. Whatever happens, investors should expect another bout of volatility heading into the end of the week in anticipation of tomorrow's CPI report.

☆ Stock futures are flat as investors watch midterm results, await inflation data
▼ + stars: | 2022-11-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are flat Wednesday night as investors await new inflation data and eye election results. Futures connected to the Dow Jones Industrial Average were up 11 points, or 0.03%. S&P 500 futures added 0.03%, while Nasdaq 100 futures gained 0.13%. Instead, key Senate races in Arizona, Georgia and Nevada remain tightly contested. It's a key report for the Federal Reserve, which will meet again in mid-December.

☆ Euro, sterling bounce, dollar drops as investors cash in
▼ + stars: | 2022-11-07 | by ( Hannah Lang | ) www.reuters.com time to read: +3 min

[1/3] Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/IllustrationWASHINGTON, Nov 7 (Reuters) - Euro and sterling rose against the safe-haven dollar on Monday, supported by a risk-on sentiment across markets as investors digested positive euro zone data and looked to cash in on the strength of the U.S. currency. The euro was up 0.69% to $1.0029, its highest level since Oct. 27, while sterling was last trading at $1.1534, up 1.40% on the day. Investors were also cheered by a readout on Monday showing that German industrial production grew in September, beating analyst expectations. Against a basket of currencies, the dollar index fell 0.91% to 110.070.

☆ Thai headline CPI rises 5.98% y/y in Oct, slightly below forecast
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

Summary Headline CPI +5.98% vs poll forecast +6.0%Core CPI up 3.17% vs poll's 3.20%Govt support, stable prices to slow inflation - ministryBANGKOK, Nov 7 (Reuters) - Thailand's headline consumer price index (CPI) rose 5.98% in October from a year earlier, official data showed on Monday, slightly lower than forecast and the slowest pace in six months. The rise follows September's 6.41% increase and was just shy of the 6.0% forecast in a Reuters poll. The core CPI index, which strips out energy and fresh food prices, was up 3.17% in October from a year ago, versus a forecast rise of 3.20%, the commerce ministry said. Headline inflation forecast for the year is still seen at the 5.5% to 6.5% range, the commerce ministry said. Reporting by Kitiphong Thaichareon, Satawasin Staporncharnchai; Writing by Chayut Setboonsarng; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

☆ Thai headline CPI rises 5.98% y/y in Oct, less than forecast
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: 1 min

BANGKOK, Nov 7 (Reuters) - Thailand's headline consumer price index (CPI) rose 5.98% in October from a year earlier, commerce ministry data showed on Monday, slightly lower than forecast. The rise follows September's 6.41% increase and was just shy of the 6.0% forecast in a Reuters poll. The core CPI index, which strips out energy and fresh food prices, was up 3.17% in October from a year ago, versus a forecast rise of 3.20%. "The inflation situation is slowing," senior commerce official Poonpong Naiyanapakorn told a briefing. Reporting by Kitphong Thaichareon and Satawasin Staporncharnchai, writing by Chayut Setboonsarng; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

☆ There's a serious risk the US is headed for a prolonged period of high inflation and low growth, Deutsche Bank says. An era of negative returns for stocks and bonds may be the result.
▼ + stars: | 2022-10-18 | by ( Max Adams | ) www.businessinsider.com time to read: +5 min

Today we're looking at what Deutsche Bank analysts say is a deeply underappreciated risk to markets, one that threatens to produce an era of negative returns. According to Deutsche Bank analysts writing in a note on Monday, a 70s-style dynamic of high inflation and low growth is a big underappreciated risk in markets right now. First, this sort of thing can become a self-fulfilling cycle, wherein a period of difficult inflation like we're in now leads to further expectations for high inflation. What are the risks that the US economy sees a period of low growth and high inflation in coming years? Wall Street is underestimating these 12 stocks, according to Goldman Sachs.

☆ China inflation at 29-mth high but price pressure largely benign
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +4 min

Consumer prices rose an expected 2.8% from a year earlier, accelerating from 2.5% in August and climbing at the fastest pace since April 2020, data from the National Bureau of Statistics showed on Friday. The producer price index (PPI) rose 0.9% year-on-year, easing sharply from a 2.3% rise in August and hitting the weakest since January 2021. "Headline CPI inflation (on a year-over-year basis) is likely to stay moderate in the coming months on both a high base and subdued services demand," analysts at Goldman Sachs said in a note. Food was largely behind last month's inflation pickup, with prices up 8.8% on year after a 6.1% gain in August. Reuters GraphicsOn a month-on-month basis, consumer prices rose 0.3% after a 0.1% fall in August, also supported by a monthly rise in pork prices.

read moreCore CPI, which excludes volatile food and fuel prices, gained 6.6% last month, compared with the estimates of a 6.5% rise. FEDWATCHCyclical parts of the market, including the S&P 500 financials (.SPSY), energy (.SPNY) and materials (.SPLRCM) sector indexes, rose between 2% and 3%. Big Wall Street banks will kick-off third-quarter reporting season on Friday, with investors awaiting to see how a high interest-rate environment would affect their profit. Analysts expect profit for S&P 500 companies to have risen just 4.1% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data. read moreAdvancing issues outnumbered decliners by a 1.38-to-1 ratio on the NYSE and by a 1.35-to-1 ratio on the Nasdaq.

The Labor Department's consumer prices index (CPI) report, due at 8:30 am ET, will likely show headline CPI to have gained at an annual pace of 8.1% in September, lower than an 8.3% increase in August, according to a Reuters poll. However, the core CPI, which eliminates volatile food and fuel prices, is estimated to have risen 6.5% last month, up from a 6.3% rise in August. The report follows data on Wednesday that showed U.S. producer prices increased more than expected in September amid strong gains in the costs of services and goods, suggesting inflation could remain uncomfortably high for a while. ET, Dow e-minis were up 152 points, or 0.52%, S&P 500 e-minis were up 20.25 points, or 0.56%, and Nasdaq 100 e-minis were up 35.25 points, or 0.33%. Also on tap is a report that is expected to show 225,000 Americans filed for unemployment benefits last week, up from 219,000 in the week prior to that.

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