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re: CPI comes in hotter than expected, futures down 1%+

Posted on 4/10/24 at 9:21 am to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
78493 posts
Posted on 4/10/24 at 9:21 am to
Motor Vechicle and shelter were the factors for this high report. Motor Vechicle made up the biggest portion

Otherwise we were poised for a big positive reaction

Just incredbile
Posted by frogtown
Member since Aug 2017
5115 posts
Posted on 4/10/24 at 9:25 am to
quote:

Motor Vechicle and shelter were the factors for this high report. Motor Vechicle


quote:

Just incredbile



You spell like a 10 year old.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52912 posts
Posted on 4/10/24 at 10:11 am to
quote:

Motor Vechicle and shelter were the factors for this high report.


With housing prices remaining sluggishly high and interest rates staying high, rent demand will continue to drive rent prices up. This means shelter should continue to increase due to OER double-dipping in rent.
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