Real Danger Alert: Inflation is Up, a Lot, Even According to the Government
The federal government's most conservative and minimizing measure of inflation -- the Personal Consumption Expenditures Price index, which ignores food and energy -- rose a stunning 0.7% in April after rising 0.4% in March, according to the Bureau of Economic Analysis.
Don’t Worry, Interest Rates Aren’t Going Up – At Least Not Enough to Badly Hurt Stocks
With inflation coming in at an annualized rate of 10% in April, there is fear among some investors that inflation will push up interest rates. Not a chance. Maybe a little increase, but not a lot. The Fed may talk about raising rates, but it won’t do anything big.