Valuation – S&P 500 PER and U.S. CPI Inflation

Valuation – S&P 500 PER and U.S. CPI Inflation Falling headline inflation in the United Sates has contributed to the increase in valuation multiples. Image: Morgan Stanley Wealth Management

U.S. Core PCE Inflation

U.S. Core PCE Inflation Goldman Sachs still expects U.S. core inflation to continue to decline. Image: Goldman Sachs Global Investment Research

U.S. Core CPI Inflation

U.S. Core CPI Inflation The level of U.S. core inflation is currently showing a tendency to remain persistent, which could potentially be a cause for concern. Image: BofA Global Research

Inflation – PPI to CPI Spread vs. S&P 500

Inflation – PPI to CPI Spread vs. S&P 500 A collapse of the spread between PPI (Producer Price Index) and CPI (Consumer Price Index) may be interpreted as a sign of decreased inflationary pressures, which is a positive factor for the U.S. stock market. Image: Real Investment Advice

Inflation – Fed Funds Rate and CPI

Inflation – Fed Funds Rate and CPI Will the Fed pause its rate hikes? Historically, Fed’s tightening cycles have ended when the federal funds rate is above CPI. Image: Carson Investment Research

Inflation – U.S. Core PCE

Inflation – U.S. Core PCE The high U.S. core PCE inflation of 4.6% in March does not yet support terminating the Fed hiking cycle. Image: Morgan Stanley Wealth Management