CNBC.com, Author at AlphaTack

Prices rose more than expected in January as inflation won’t go away

by CNBC.com | Feb 14, 2024 | AlphaTack Intel

The consumer price index increased 0.3% in January, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down from 3.4% in December. Shelter prices accounted for much of the rise, climbing 0.6% on the month, contributing more than...

China is in the middle of a secular stagnation, says Clocktower Group’s Marko Papic [VIDEO]

by CNBC.com | Feb 6, 2024 | AlphaTack Intel, Intel Videos

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CIO calls a new phase in the market, says a ‘healthy’ rotation has begun

by CNBC.com | Jan 8, 2024 | AlphaTack Intel

The so-called “Magnificent Seven” stocks — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — now represent around 30% of the entire market cap of the S&P 500 index. Bank CIO Charles-Henry Monchau said the market will undergo a welcome “broadening of the...

Here’s where deflation was in November 2023 — in one chart

by CNBC.com | Dec 13, 2023 | AlphaTack Intel

Deflation is the opposite of inflation: it’s when prices fall instead of rise. In the U.S., deflation is happening across categories like food, energy and household goods, according to consumer price index data. A strong U.S. dollar, untangled supply chains and quirky...