US equities remain in a low volatility state despite a variety of news reports hitting the wire today

Jay Soloff

Argonath Financial

US equities remain in a low volatility state despite a variety of news reports hitting the wire today. The Consumer Price Index nearly mirrored the PPI from yesterday. Inflation continues to be below the Fed's target, with the CPI's yearly advance at just 1.5%. Core inflation is a tiny bit higher at 1.7%, but still running at tepid levels. Meanwhile, jobless claims declined by 2,000 to 326,000. While, the number itself was small, the trend continues to look positive for the US economy. Year over year comparisons show the US is well ahead of last year on this front. In other news, Bernanke defending QE during a speech today and said it has been at least somewhat effective. He feels the unconventional stimulus program has helped the economy and there are no immediate signs of asset price bubbles. (VIEW LINK)

3 topics

Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment