CPI Hits Two-Year Low And Bank Earnings Smash Wall Street Estimates

TL;DR

• The latest CPI figures were released this week, with the headline annualized rate falling to 5%, its lowest in almost two years
• JPMorgan Chase, Wells Fargo and Citi all released their quarterly earnings and it was hugely positive numbers all across the board
• With so much news hitting us every day, it can be easy to get tunnel vision. But for investors, it pays to look beyond the US to maximize opportunities for gains
• Top weekly and monthly trades

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Major events that could affect your portfolio

There are a number of different measures of inflation, but the most widely used in mainstream circles is the Consumer Price Index (CPI). So while the Fed looks at a number of different measures in addition to CPI, it’s still one of the most important when it comes to interest rate decisions.