Interactive Brokers senior market analyst Steven Levine discusses consumer sentiment with Greenwich Wealth Management CIO Vahan Janjigian.
Levine also provides some highlights for what to look for in the United States in mid-January.
Photo Credit: Dushan Hanuska via Flickr Creative Commons
The decade ahead will see seismic shifts in technology and society
The most watched market chart is breaking down. Yet there’s reason to think it may out-gain the S&P 500 at some point soon.
The Producer Price Index, which measures the change in wholesale prices, rose 2.6 percent in June year over year—its largest increase in 16 months. By contrast, the Consumer Price Index, which tracks consumer prices, showed that the pace of inflation slowed in June. Markets shrugged off the conflicting data, instead embracing the cooler CPI data.
Sometimes it pays to go against the crowd.
